Livestock Feeds Balance Sheet Health
Financial Health criteria checks 2/6
Livestock Feeds has a total shareholder equity of NGN1.6B and total debt of NGN7.5B, which brings its debt-to-equity ratio to 458.8%. Its total assets and total liabilities are NGN14.2B and NGN12.6B respectively. Livestock Feeds's EBIT is NGN1.0B making its interest coverage ratio 1.1. It has cash and short-term investments of NGN791.7M.
Key information
458.8%
Debt to equity ratio
₦7.48b
Debt
Interest coverage ratio | 1.1x |
Cash | ₦791.66m |
Equity | ₦1.63b |
Total liabilities | ₦12.56b |
Total assets | ₦14.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LIVESTOCK's short term assets (NGN12.8B) exceed its short term liabilities (NGN12.6B).
Long Term Liabilities: LIVESTOCK has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: LIVESTOCK's net debt to equity ratio (410.2%) is considered high.
Reducing Debt: LIVESTOCK's debt to equity ratio has increased from 101.8% to 458.8% 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: LIVESTOCK has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: LIVESTOCK has less than a year of cash runway if free cash flow continues to reduce at historical rates of 12.8% each year