Custodian Investment Balance Sheet Health
Financial Health criteria checks 4/6
Custodian Investment has a total shareholder equity of NGN84.5B and total debt of NGN2.1B, which brings its debt-to-equity ratio to 2.5%. Its total assets and total liabilities are NGN273.0B and NGN188.5B respectively. Custodian Investment's EBIT is NGN20.4B making its interest coverage ratio 84.3. It has cash and short-term investments of NGN100.5B.
Key information
2.5%
Debt to equity ratio
₦2.15b
Debt
Interest coverage ratio | 84.3x |
Cash | ₦100.54b |
Equity | ₦84.51b |
Total liabilities | ₦188.51b |
Total assets | ₦273.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CUSTODIAN's short term assets (NGN123.8B) do not cover its short term liabilities (NGN157.6B).
Long Term Liabilities: CUSTODIAN's short term assets (NGN123.8B) exceed its long term liabilities (NGN30.9B).
Debt to Equity History and Analysis
Debt Level: CUSTODIAN has more cash than its total debt.
Reducing Debt: CUSTODIAN's debt to equity ratio has increased from 0% to 2.5% over the past 5 years.
Debt Coverage: CUSTODIAN's debt is well covered by operating cash flow (1434.9%).
Interest Coverage: CUSTODIAN's interest payments on its debt are well covered by EBIT (84.3x coverage).