Prestige Assurance Financial Health

How is Prestige Assurance's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: PRESTIGE's short term assets (NGN10.7B) exceed its short term liabilities (NGN7.3B).

Long Term Liabilities: PRESTIGE's short term assets (NGN10.7B) exceed its long term liabilities (NGN656.1M).


Debt to Equity History and Analysis

Debt Level: PRESTIGE has more cash than its total debt.

Reducing Debt: PRESTIGE's debt to equity ratio has reduced from 1.4% to 1.4% over the past 5 years.

Debt Coverage: PRESTIGE's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: PRESTIGE's interest payments on its debt are well covered by EBIT (434.9x coverage).


Balance Sheet


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