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).