United Capital Balance Sheet Health
Financial Health criteria checks 3/6
United Capital has a total shareholder equity of NGN61.2B and total debt of NGN139.9B, which brings its debt-to-equity ratio to 228.5%. Its total assets and total liabilities are NGN732.5B and NGN671.3B respectively.
Key information
228.5%
Debt to equity ratio
₦139.89b
Debt
Interest coverage ratio | n/a |
Cash | ₦403.80b |
Equity | ₦61.21b |
Total liabilities | ₦671.29b |
Total assets | ₦732.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UCAP's short term assets (NGN467.6B) do not cover its short term liabilities (NGN483.4B).
Long Term Liabilities: UCAP's short term assets (NGN467.6B) exceed its long term liabilities (NGN187.9B).
Debt to Equity History and Analysis
Debt Level: UCAP has more cash than its total debt.
Reducing Debt: UCAP's debt to equity ratio has increased from 207.8% to 228.5% over the past 5 years.
Debt Coverage: UCAP's debt is well covered by operating cash flow (22.9%).
Interest Coverage: Insufficient data to determine if UCAP's interest payments on its debt are well covered by EBIT.