Secure Electronic Technology Balance Sheet Health
Financial Health criteria checks 5/6
Secure Electronic Technology has a total shareholder equity of NGN2.5B and total debt of NGN0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NGN3.4B and NGN874.8M respectively.
Key information
0%
Debt to equity ratio
₦0
Debt
Interest coverage ratio | n/a |
Cash | ₦69.41m |
Equity | ₦2.54b |
Total liabilities | ₦874.81m |
Total assets | ₦3.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NSLTECH's short term assets (NGN428.7M) do not cover its short term liabilities (NGN874.8M).
Long Term Liabilities: NSLTECH's short term assets (NGN428.7M) exceed its long term liabilities (NGN1,000.0).
Debt to Equity History and Analysis
Debt Level: NSLTECH is debt free.
Reducing Debt: NSLTECH had no debt 5 years ago.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable NSLTECH has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: NSLTECH is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 43.9% per year.