Afromedia Balance Sheet Health

Financial Health criteria checks 0/6

Afromedia has a total shareholder equity of NGN-3.3B and total debt of NGN3.2B, which brings its debt-to-equity ratio to -95.1%. Its total assets and total liabilities are NGN1.6B and NGN5.0B respectively.

Key information

-95.1%

Debt to equity ratio

₦3.18b

Debt

Interest coverage ration/a
Cash₦4.42m
Equity-₦3.34b
Total liabilities₦4.99b
Total assets₦1.65b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: AFROMEDIA has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: AFROMEDIA has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: AFROMEDIA has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: AFROMEDIA's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Insufficient data to determine if AFROMEDIA has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if AFROMEDIA has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


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