Lafarge Africa Balance Sheet Health
Financial Health criteria checks 6/6
Lafarge Africa has a total shareholder equity of NGN440.2B and total debt of NGN3.8B, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are NGN674.0B and NGN233.7B respectively. Lafarge Africa's EBIT is NGN109.6B making its interest coverage ratio -21.8. It has cash and short-term investments of NGN77.7B.
Key information
0.9%
Debt to equity ratio
₦3.79b
Debt
Interest coverage ratio | -21.8x |
Cash | ₦77.71b |
Equity | ₦440.24b |
Total liabilities | ₦233.74b |
Total assets | ₦673.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WAPCO's short term assets (NGN231.2B) exceed its short term liabilities (NGN204.7B).
Long Term Liabilities: WAPCO's short term assets (NGN231.2B) exceed its long term liabilities (NGN29.0B).
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 102.8% to 0.9% over the past 5 years.
Debt Coverage: WAPCO's debt is well covered by operating cash flow (2013.1%).
Interest Coverage: WAPCO earns more interest than it pays, so coverage of interest payments is not a concern.