Chemical and Allied Products Balance Sheet Health
Financial Health criteria checks 6/6
Chemical and Allied Products has a total shareholder equity of NGN9.3B and total debt of NGN0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NGN17.8B and NGN8.4B respectively. Chemical and Allied Products's EBIT is NGN4.4B making its interest coverage ratio -37.5. It has cash and short-term investments of NGN2.4B.
Key information
0%
Debt to equity ratio
₦0
Debt
| Interest coverage ratio | -37.5x |
| Cash | ₦2.43b |
| Equity | ₦9.34b |
| Total liabilities | ₦8.44b |
| Total assets | ₦17.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CAP's short term assets (NGN14.9B) exceed its short term liabilities (NGN7.9B).
Long Term Liabilities: CAP's short term assets (NGN14.9B) exceed its long term liabilities (NGN496.7M).
Debt to Equity History and Analysis
Debt Level: CAP is debt free.
Reducing Debt: CAP had no debt 5 years ago.
Debt Coverage: CAP has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CAP has no debt, therefore coverage of interest payments is not a concern.