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.


Balance Sheet


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