Japaul Gold & Ventures Balance Sheet Health
Financial Health criteria checks 0/6
Japaul Gold & Ventures has a total shareholder equity of NGN-800.5M and total debt of NGN3.1B, which brings its debt-to-equity ratio to -386.9%. Its total assets and total liabilities are NGN14.3B and NGN15.1B respectively. Japaul Gold & Ventures's EBIT is NGN619.5M making its interest coverage ratio 8371.6. It has cash and short-term investments of NGN145.0M.
Key information
-386.9%
Debt to equity ratio
₦3.10b
Debt
Interest coverage ratio | 8371.6x |
Cash | ₦145.03m |
Equity | -₦800.48m |
Total liabilities | ₦15.12b |
Total assets | ₦14.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JAPAULGOLD has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: JAPAULGOLD has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: JAPAULGOLD has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: JAPAULGOLD's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: JAPAULGOLD has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: JAPAULGOLD has less than a year of cash runway if free cash flow continues to grow at historical rates of 23% each year.