Chemical and Allied Products Balance Sheet Health
Financial Health criteria checks 6/6
Chemical and Allied Products has a total shareholder equity of NGN9.2B and total debt of NGN0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NGN19.4B and NGN10.2B respectively. Chemical and Allied Products's EBIT is NGN3.9B making its interest coverage ratio -21.7. It has cash and short-term investments of NGN4.7B.
Key information
0%
Debt to equity ratio
₦0
Debt
| Interest coverage ratio | -21.7x |
| Cash | ₦4.71b |
| Equity | ₦9.24b |
| Total liabilities | ₦10.17b |
| Total assets | ₦19.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CAP's short term assets (NGN17.0B) exceed its short term liabilities (NGN9.7B).
Long Term Liabilities: CAP's short term assets (NGN17.0B) exceed its long term liabilities (NGN497.4M).
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.