Lafarge Africa Balance Sheet Health
Financial Health criteria checks 5/6
Lafarge Africa has a total shareholder equity of NGN464.5B and total debt of NGN647.3M, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are NGN810.2B and NGN345.7B respectively. Lafarge Africa's EBIT is NGN161.3B making its interest coverage ratio -159.7. It has cash and short-term investments of NGN89.5B.
Key information
0.1%
Debt to equity ratio
₦647.29m
Debt
| Interest coverage ratio | -159.7x |
| Cash | ₦89.52b |
| Equity | ₦464.52b |
| Total liabilities | ₦345.72b |
| Total assets | ₦810.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WAPCO's short term assets (NGN271.7B) do not cover its short term liabilities (NGN280.5B).
Long Term Liabilities: WAPCO's short term assets (NGN271.7B) exceed its long term liabilities (NGN65.2B).
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 14.4% to 0.1% over the past 5 years.
Debt Coverage: WAPCO's debt is well covered by operating cash flow (15168.7%).
Interest Coverage: WAPCO earns more interest than it pays, so coverage of interest payments is not a concern.