Japaul Gold & Ventures Balance Sheet Health
Financial Health criteria checks 4/6
Japaul Gold & Ventures has a total shareholder equity of NGN17.7B and total debt of NGN3.8B, which brings its debt-to-equity ratio to 21.2%. Its total assets and total liabilities are NGN32.7B and NGN14.9B respectively. Japaul Gold & Ventures's EBIT is NGN538.0M making its interest coverage ratio 270.3. It has cash and short-term investments of NGN76.2M.
Key information
21.2%
Debt to equity ratio
₦3.76b
Debt
| Interest coverage ratio | 270.3x |
| Cash | ₦76.19m |
| Equity | ₦17.74b |
| Total liabilities | ₦14.94b |
| Total assets | ₦32.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JAPAULGOLD's short term assets (NGN16.4B) exceed its short term liabilities (NGN9.3B).
Long Term Liabilities: JAPAULGOLD's short term assets (NGN16.4B) exceed its long term liabilities (NGN5.6B).
Debt to Equity History and Analysis
Debt Level: JAPAULGOLD's net debt to equity ratio (20.8%) is considered satisfactory.
Reducing Debt: JAPAULGOLD had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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 14% each year.