United Capital Balance Sheet Health
Financial Health criteria checks 5/6
United Capital has a total shareholder equity of NGN115.0B and total debt of NGN320.2B, which brings its debt-to-equity ratio to 278.4%. Its total assets and total liabilities are NGN1,264.2B and NGN1,149.2B respectively.
Key information
278.4%
Debt to equity ratio
₦320.21b
Debt
| Interest coverage ratio | n/a |
| Cash | ₦684.73b |
| Equity | ₦115.03b |
| Total liabilities | ₦1.15t |
| Total assets | ₦1.26t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UCAP's short term assets (NGN880.6B) exceed its short term liabilities (NGN774.0B).
Long Term Liabilities: UCAP's short term assets (NGN880.6B) exceed its long term liabilities (NGN375.3B).
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 reduced from 311.3% to 278.4% over the past 5 years.
Debt Coverage: UCAP's debt is well covered by operating cash flow (26.1%).
Interest Coverage: Insufficient data to determine if UCAP's interest payments on its debt are well covered by EBIT.