Ellah Lakes Balance Sheet Health

Financial Health criteria checks 1/6

Ellah Lakes has a total shareholder equity of NGN20.9B and total debt of NGN1.7B, which brings its debt-to-equity ratio to 8.1%. Its total assets and total liabilities are NGN23.6B and NGN2.7B respectively.

Key information

8.1%

Debt to equity ratio

₦1.68b

Debt

Interest coverage ration/a
Cash₦387.28m
Equity₦20.91b
Total liabilities₦2.67b
Total assets₦23.58b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: ELLAHLAKES's short term assets (NGN405.6M) do not cover its short term liabilities (NGN1.7B).

Long Term Liabilities: ELLAHLAKES's short term assets (NGN405.6M) do not cover its long term liabilities (NGN948.3M).


Debt to Equity History and Analysis

Debt Level: ELLAHLAKES's net debt to equity ratio (6.2%) is considered satisfactory.

Reducing Debt: ELLAHLAKES's debt to equity ratio has increased from 0% to 8.1% 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: ELLAHLAKES has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: ELLAHLAKES has less than a year of cash runway if free cash flow continues to grow at historical rates of 5.6% each year.


Discover healthy companies

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.