Lafarge Africa Balance Sheet Health
Financial Health criteria checks 6/6
Lafarge Africa has a total shareholder equity of NGN435.1B and total debt of NGN24.6B, which brings its debt-to-equity ratio to 5.7%. Its total assets and total liabilities are NGN681.4B and NGN246.3B respectively. Lafarge Africa's EBIT is NGN101.7B making its interest coverage ratio -24.9. It has cash and short-term investments of NGN168.4B.
Key information
5.7%
Debt to equity ratio
₦24.64b
Debt
Interest coverage ratio | -24.9x |
Cash | ₦168.37b |
Equity | ₦435.05b |
Total liabilities | ₦246.32b |
Total assets | ₦681.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WAPCO's short term assets (NGN239.1B) exceed its short term liabilities (NGN209.0B).
Long Term Liabilities: WAPCO's short term assets (NGN239.1B) exceed its long term liabilities (NGN37.4B).
Debt to Equity History and Analysis
Debt Level: WAPCO has more cash than its total debt.
Reducing Debt: WAPCO's debt to equity ratio has reduced from 224.3% to 5.7% over the past 5 years.
Debt Coverage: WAPCO's debt is well covered by operating cash flow (612.5%).
Interest Coverage: WAPCO earns more interest than it pays, so coverage of interest payments is not a concern.