Africa Prudential Balance Sheet Health
Financial Health criteria checks 5/6
Africa Prudential has a total shareholder equity of NGN9.7B and total debt of NGN0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NGN23.0B and NGN13.2B respectively.
Key information
0%
Debt to equity ratio
₦0
Debt
Interest coverage ratio | n/a |
Cash | ₦6.21b |
Equity | ₦9.75b |
Total liabilities | ₦13.24b |
Total assets | ₦22.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AFRIPRUD's short term assets (NGN8.1B) do not cover its short term liabilities (NGN13.0B).
Long Term Liabilities: AFRIPRUD's short term assets (NGN8.1B) exceed its long term liabilities (NGN269.4M).
Debt to Equity History and Analysis
Debt Level: AFRIPRUD is debt free.
Reducing Debt: AFRIPRUD has no debt compared to 5 years ago when its debt to equity ratio was 23.8%.
Debt Coverage: AFRIPRUD has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: AFRIPRUD has no debt, therefore coverage of interest payments is not a concern.