Linkage Assurance Plc

NGSE:LINKASSURE Stock Report

Market Cap: ₦13.3b

Linkage Assurance Balance Sheet Health

Financial Health criteria checks 6/6

Linkage Assurance has a total shareholder equity of NGN30.0B and total debt of NGN0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NGN50.5B and NGN20.5B respectively.

Key information

0%

Debt to equity ratio

₦0

Debt

Interest coverage ration/a
Cash₦20.25b
Equity₦29.99b
Total liabilities₦20.53b
Total assets₦50.52b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: LINKASSURE's short term assets (NGN28.0B) exceed its short term liabilities (NGN20.4B).

Long Term Liabilities: LINKASSURE's short term assets (NGN28.0B) exceed its long term liabilities (NGN85.4M).


Debt to Equity History and Analysis

Debt Level: LINKASSURE is debt free.

Reducing Debt: LINKASSURE has not had any debt for past 5 years.

Debt Coverage: LINKASSURE has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: LINKASSURE has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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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.