Transcorp Hotels Plc

NGSE:TRANSCOHOT Stock Report

Market Cap: ₦1.1t

Transcorp Hotels Balance Sheet Health

Financial Health criteria checks 5/6

Transcorp Hotels has a total shareholder equity of NGN76.0B and total debt of NGN21.0B, which brings its debt-to-equity ratio to 27.7%. Its total assets and total liabilities are NGN144.0B and NGN68.0B respectively. Transcorp Hotels's EBIT is NGN20.5B making its interest coverage ratio 7.2. It has cash and short-term investments of NGN16.4B.

Key information

27.7%

Debt to equity ratio

₦21.05b

Debt

Interest coverage ratio7.2x
Cash₦16.39b
Equity₦76.01b
Total liabilities₦68.03b
Total assets₦144.04b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: TRANSCOHOT's short term assets (NGN30.0B) do not cover its short term liabilities (NGN44.1B).

Long Term Liabilities: TRANSCOHOT's short term assets (NGN30.0B) exceed its long term liabilities (NGN24.0B).


Debt to Equity History and Analysis

Debt Level: TRANSCOHOT's net debt to equity ratio (6.1%) is considered satisfactory.

Reducing Debt: TRANSCOHOT's debt to equity ratio has reduced from 57.8% to 27.7% over the past 5 years.

Debt Coverage: TRANSCOHOT's debt is well covered by operating cash flow (83.7%).

Interest Coverage: TRANSCOHOT's interest payments on its debt are well covered by EBIT (7.2x coverage).


Balance Sheet


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