Ikeja Hotel Balance Sheet Health
Financial Health criteria checks 5/6
Ikeja Hotel has a total shareholder equity of NGN25.2B and total debt of NGN12.1B, which brings its debt-to-equity ratio to 47.8%. Its total assets and total liabilities are NGN67.0B and NGN41.7B respectively. Ikeja Hotel's EBIT is NGN3.9B making its interest coverage ratio 16.8. It has cash and short-term investments of NGN21.3B.
Key information
47.8%
Debt to equity ratio
₦12.07b
Debt
| Interest coverage ratio | 16.8x |
| Cash | ₦21.25b |
| Equity | ₦25.23b |
| Total liabilities | ₦41.75b |
| Total assets | ₦66.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IKEJAHOTEL's short term assets (NGN44.0B) exceed its short term liabilities (NGN26.5B).
Long Term Liabilities: IKEJAHOTEL's short term assets (NGN44.0B) exceed its long term liabilities (NGN15.3B).
Debt to Equity History and Analysis
Debt Level: IKEJAHOTEL has more cash than its total debt.
Reducing Debt: IKEJAHOTEL's debt to equity ratio has increased from 0% to 47.8% over the past 5 years.
Debt Coverage: IKEJAHOTEL's debt is well covered by operating cash flow (64.2%).
Interest Coverage: IKEJAHOTEL's interest payments on its debt are well covered by EBIT (16.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 06:33 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Ikeja Hotel Plc is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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