Prestige Assurance Financial Health
How is Prestige Assurance's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
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).