Cadbury Nigeria Balance Sheet Health
Financial Health criteria checks 1/6
Cadbury Nigeria has a total shareholder equity of NGN-6.5B and total debt of NGN43.2B, which brings its debt-to-equity ratio to -663.4%. Its total assets and total liabilities are NGN63.4B and NGN69.9B respectively. Cadbury Nigeria's EBIT is NGN7.8B making its interest coverage ratio -8.7. It has cash and short-term investments of NGN20.5B.
Key information
-663.4%
Debt to equity ratio
₦43.21b
Debt
| Interest coverage ratio | -8.7x |
| Cash | ₦20.46b |
| Equity | -₦6.51b |
| Total liabilities | ₦69.94b |
| Total assets | ₦63.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CADBURY has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: CADBURY 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: CADBURY has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: CADBURY's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: CADBURY's debt is not well covered by operating cash flow (6.5%).
Interest Coverage: CADBURY earns more interest than it pays, so coverage of interest payments is not a concern.