Cadbury Nigeria Balance Sheet Health

Financial Health criteria checks 3/6

Cadbury Nigeria has a total shareholder equity of NGN344.2M and total debt of NGN36.5B, which brings its debt-to-equity ratio to 10596.4%. Its total assets and total liabilities are NGN67.2B and NGN66.8B respectively. Cadbury Nigeria's EBIT is NGN5.5B making its interest coverage ratio 1.4. It has cash and short-term investments of NGN15.6B.

Key information

10,596.4%

Debt to equity ratio

₦36.47b

Debt

Interest coverage ratio1.4x
Cash₦15.59b
Equity₦344.16m
Total liabilities₦66.82b
Total assets₦67.16b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: CADBURY's short term assets (NGN44.0B) do not cover its short term liabilities (NGN66.1B).

Long Term Liabilities: CADBURY's short term assets (NGN44.0B) exceed its long term liabilities (NGN759.7M).


Debt to Equity History and Analysis

Debt Level: CADBURY's net debt to equity ratio (6066%) is considered high.

Reducing Debt: CADBURY's debt to equity ratio has increased from 6.1% to 10596.4% over the past 5 years.


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: Whilst unprofitable CADBURY has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: CADBURY is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 4.7% per year.


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