AXA Mansard Insurance Balance Sheet Health
Financial Health criteria checks 3/6
AXA Mansard Insurance has a total shareholder equity of NGN66.5B and total debt of NGN9.5B, which brings its debt-to-equity ratio to 14.2%. Its total assets and total liabilities are NGN210.7B and NGN144.2B respectively. AXA Mansard Insurance's EBIT is NGN24.5B making its interest coverage ratio 12.3. It has cash and short-term investments of NGN15.8B.
Key information
14.2%
Debt to equity ratio
₦9.47b
Debt
| Interest coverage ratio | 12.3x |
| Cash | ₦15.83b |
| Equity | ₦66.53b |
| Total liabilities | ₦144.19b |
| Total assets | ₦210.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MANSARD's short term assets (NGN63.4B) exceed its short term liabilities (NGN29.6B).
Long Term Liabilities: MANSARD's short term assets (NGN63.4B) do not cover its long term liabilities (NGN114.6B).
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 increased from 10.8% to 14.2% over the past 5 years.
Debt Coverage: MANSARD's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MANSARD's interest payments on its debt are well covered by EBIT (12.3x coverage).