Okomu Oil Palm Financial Health

How is Okomu Oil Palm's financial position?

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Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: OKOMUOIL's short term assets (NGN17.6B) exceed its short term liabilities (NGN13.3B).

Long Term Liabilities: OKOMUOIL's short term assets (NGN17.6B) do not cover its long term liabilities (NGN21.9B).

Debt to Equity History and Analysis

Debt Level: OKOMUOIL's net debt to equity ratio (5.4%) is considered satisfactory.

Reducing Debt: OKOMUOIL's debt to equity ratio has increased from 8% to 31% over the past 5 years.

Debt Coverage: OKOMUOIL's debt is well covered by operating cash flow (274.1%).

Interest Coverage: OKOMUOIL's interest payments on its debt are well covered by EBIT (24x coverage).

Balance Sheet

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