Berger Paints Nigeria Balance Sheet Health
Financial Health criteria checks 6/6
Berger Paints Nigeria has a total shareholder equity of NGN3.5B and total debt of NGN332.2M, which brings its debt-to-equity ratio to 9.5%. Its total assets and total liabilities are NGN6.8B and NGN3.3B respectively. Berger Paints Nigeria's EBIT is NGN530.4M making its interest coverage ratio 26.1. It has cash and short-term investments of NGN951.4M.
Key information
9.5%
Debt to equity ratio
₦332.17m
Debt
| Interest coverage ratio | 26.1x |
| Cash | ₦951.39m |
| Equity | ₦3.51b |
| Total liabilities | ₦3.29b |
| Total assets | ₦6.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BERGER's short term assets (NGN3.8B) exceed its short term liabilities (NGN2.3B).
Long Term Liabilities: BERGER's short term assets (NGN3.8B) exceed its long term liabilities (NGN997.3M).
Debt to Equity History and Analysis
Debt Level: BERGER has more cash than its total debt.
Reducing Debt: BERGER's debt to equity ratio has reduced from 11.8% to 9.5% over the past 5 years.
Debt Coverage: BERGER's debt is well covered by operating cash flow (200.3%).
Interest Coverage: BERGER's interest payments on its debt are well covered by EBIT (26.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 09:34 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Berger Paints Nigeria Plc is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Meristem Securities Limited |