Industrial and Medical Gases Nigeria Balance Sheet Health
Financial Health criteria checks 6/6
Industrial and Medical Gases Nigeria has a total shareholder equity of NGN4.3B and total debt of NGN0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NGN7.5B and NGN3.2B respectively. Industrial and Medical Gases Nigeria's EBIT is NGN851.6M making its interest coverage ratio 35.3. It has cash and short-term investments of NGN2.3B.
Key information
0%
Debt to equity ratio
₦0
Debt
Interest coverage ratio | 35.3x |
Cash | ₦2.27b |
Equity | ₦4.25b |
Total liabilities | ₦3.23b |
Total assets | ₦7.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IMG's short term assets (NGN4.6B) exceed its short term liabilities (NGN2.8B).
Long Term Liabilities: IMG's short term assets (NGN4.6B) exceed its long term liabilities (NGN392.2M).
Debt to Equity History and Analysis
Debt Level: IMG is debt free.
Reducing Debt: IMG had no debt 5 years ago.
Debt Coverage: IMG has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: IMG has no debt, therefore coverage of interest payments is not a concern.