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 ratio | 7.2x |
| 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).