AXA Mansard Insurance Balance Sheet Health
Financial Health criteria checks 6/6
AXA Mansard Insurance has a total shareholder equity of NGN43.9B and total debt of NGN5.3B, which brings its debt-to-equity ratio to 12%. Its total assets and total liabilities are NGN141.1B and NGN97.2B respectively. AXA Mansard Insurance's EBIT is NGN19.3B making its interest coverage ratio 14. It has cash and short-term investments of NGN37.3B.
Key information
12.0%
Debt to equity ratio
₦5.26b
Debt
Interest coverage ratio | 14x |
Cash | ₦37.30b |
Equity | ₦43.95b |
Total liabilities | ₦97.16b |
Total assets | ₦141.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MANSARD's short term assets (NGN69.7B) exceed its short term liabilities (NGN52.2B).
Long Term Liabilities: MANSARD's short term assets (NGN69.7B) exceed its long term liabilities (NGN44.9B).
Debt to Equity History and Analysis
Debt Level: MANSARD has more cash than its total debt.
Reducing Debt: MANSARD's debt to equity ratio has reduced from 13.7% to 12% over the past 5 years.
Debt Coverage: MANSARD's debt is well covered by operating cash flow (253.1%).
Interest Coverage: MANSARD's interest payments on its debt are well covered by EBIT (14x coverage).