TotalEnergies Marketing Nigeria Balance Sheet Health
Financial Health criteria checks 6/6
TotalEnergies Marketing Nigeria has a total shareholder equity of NGN75.0B and total debt of NGN101.5B, which brings its debt-to-equity ratio to 135.3%. Its total assets and total liabilities are NGN530.9B and NGN455.9B respectively. TotalEnergies Marketing Nigeria's EBIT is NGN50.7B making its interest coverage ratio 3.6. It has cash and short-term investments of NGN99.6B.
Key information
135.3%
Debt to equity ratio
₦101.51b
Debt
| Interest coverage ratio | 3.6x |
| Cash | ₦99.61b |
| Equity | ₦75.01b |
| Total liabilities | ₦455.90b |
| Total assets | ₦530.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TOTAL's short term assets (NGN469.1B) exceed its short term liabilities (NGN444.6B).
Long Term Liabilities: TOTAL's short term assets (NGN469.1B) exceed its long term liabilities (NGN11.3B).
Debt to Equity History and Analysis
Debt Level: TOTAL's net debt to equity ratio (2.5%) is considered satisfactory.
Reducing Debt: TOTAL's debt to equity ratio has reduced from 208.7% to 135.3% over the past 5 years.
Debt Coverage: TOTAL's debt is well covered by operating cash flow (60.3%).
Interest Coverage: TOTAL's interest payments on its debt are well covered by EBIT (3.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 06:36 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
TotalEnergies Marketing Nigeria Plc is covered by 7 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | ARM Research |
| Olufemi Ademola | BGL Research |
| Opeoluwa Oluwa | Cordros Capital Ltd. |