Japaul Gold & Ventures Plc

NGSE:JAPAULGOLD Stock Report

Market Cap: ₦12.0b

Japaul Gold & Ventures Balance Sheet Health

Financial Health criteria checks 0/6

Japaul Gold & Ventures has a total shareholder equity of NGN-748.1M and total debt of NGN3.1B, which brings its debt-to-equity ratio to -413.9%. Its total assets and total liabilities are NGN13.6B and NGN14.4B respectively. Japaul Gold & Ventures's EBIT is NGN517.7M making its interest coverage ratio 396.4. It has cash and short-term investments of NGN75.4M.

Key information

-413.9%

Debt to equity ratio

₦3.10b

Debt

Interest coverage ratio396.4x
Cash₦75.38m
Equity-₦748.15m
Total liabilities₦14.37b
Total assets₦13.62b

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 20.1% each year.


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