Berger Paints Nigeria Balance Sheet Health
Financial Health criteria checks 5/6
Berger Paints Nigeria has a total shareholder equity of NGN3.6B and total debt of NGN480.4M, which brings its debt-to-equity ratio to 13.2%. Its total assets and total liabilities are NGN6.6B and NGN3.0B respectively. Berger Paints Nigeria's EBIT is NGN860.2M making its interest coverage ratio 116.1. It has cash and short-term investments of NGN1.0B.
Key information
13.2%
Debt to equity ratio
₦480.39m
Debt
Interest coverage ratio | 116.1x |
Cash | ₦1.04b |
Equity | ₦3.65b |
Total liabilities | ₦2.97b |
Total assets | ₦6.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BERGER's short term assets (NGN3.6B) exceed its short term liabilities (NGN2.0B).
Long Term Liabilities: BERGER's short term assets (NGN3.6B) exceed its long term liabilities (NGN1.0B).
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 increased from 13% to 13.2% over the past 5 years.
Debt Coverage: BERGER's debt is well covered by operating cash flow (59.8%).
Interest Coverage: BERGER's interest payments on its debt are well covered by EBIT (116.1x coverage).