eTranzact International Balance Sheet Health
Financial Health criteria checks 6/6
eTranzact International has a total shareholder equity of NGN11.5B and total debt of NGN273.0M, which brings its debt-to-equity ratio to 2.4%. Its total assets and total liabilities are NGN28.2B and NGN16.7B respectively. eTranzact International's EBIT is NGN3.2B making its interest coverage ratio -57.2. It has cash and short-term investments of NGN4.6B.
Key information
2.4%
Debt to equity ratio
₦272.98m
Debt
Interest coverage ratio | -57.2x |
Cash | ₦4.59b |
Equity | ₦11.48b |
Total liabilities | ₦16.73b |
Total assets | ₦28.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ETRANZACT's short term assets (NGN26.1B) exceed its short term liabilities (NGN16.5B).
Long Term Liabilities: ETRANZACT's short term assets (NGN26.1B) exceed its long term liabilities (NGN257.8M).
Debt to Equity History and Analysis
Debt Level: ETRANZACT has more cash than its total debt.
Reducing Debt: ETRANZACT's debt to equity ratio has reduced from 93.9% to 2.4% over the past 5 years.
Debt Coverage: ETRANZACT's debt is well covered by operating cash flow (938%).
Interest Coverage: ETRANZACT earns more interest than it pays, so coverage of interest payments is not a concern.