Custodian Investment Balance Sheet Health
Financial Health criteria checks 4/6
Custodian Investment has a total shareholder equity of NGN123.3B and total debt of NGN1.6B, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are NGN389.0B and NGN265.7B respectively. Custodian Investment's EBIT is NGN45.5B making its interest coverage ratio 185.6. It has cash and short-term investments of NGN142.8B.
Key information
1.3%
Debt to equity ratio
₦1.61b
Debt
| Interest coverage ratio | 185.6x |
| Cash | ₦142.82b |
| Equity | ₦123.30b |
| Total liabilities | ₦265.71b |
| Total assets | ₦389.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CUSTODIAN's short term assets (NGN181.0B) exceed its short term liabilities (NGN62.0B).
Long Term Liabilities: CUSTODIAN's short term assets (NGN181.0B) do not cover its long term liabilities (NGN203.7B).
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 1.3% over the past 5 years.
Debt Coverage: CUSTODIAN's debt is well covered by operating cash flow (2793.3%).
Interest Coverage: CUSTODIAN's interest payments on its debt are well covered by EBIT (185.6x coverage).