Transcorp Hotels Balance Sheet Health
Financial Health criteria checks 4/6
Transcorp Hotels has a total shareholder equity of NGN66.8B and total debt of NGN20.7B, which brings its debt-to-equity ratio to 30.9%. Its total assets and total liabilities are NGN126.1B and NGN59.3B respectively. Transcorp Hotels's EBIT is NGN13.8B making its interest coverage ratio 3.9. It has cash and short-term investments of NGN9.7B.
Key information
30.9%
Debt to equity ratio
₦20.65b
Debt
Interest coverage ratio | 3.9x |
Cash | ₦9.68b |
Equity | ₦66.80b |
Total liabilities | ₦59.30b |
Total assets | ₦126.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TRANSCOHOT's short term assets (NGN17.8B) do not cover its short term liabilities (NGN32.3B).
Long Term Liabilities: TRANSCOHOT's short term assets (NGN17.8B) do not cover its long term liabilities (NGN27.0B).
Debt to Equity History and Analysis
Debt Level: TRANSCOHOT's net debt to equity ratio (16.4%) is considered satisfactory.
Reducing Debt: TRANSCOHOT's debt to equity ratio has reduced from 55.1% to 30.9% over the past 5 years.
Debt Coverage: TRANSCOHOT's debt is well covered by operating cash flow (68.6%).
Interest Coverage: TRANSCOHOT's interest payments on its debt are well covered by EBIT (3.9x coverage).