Learn Africa Balance Sheet Health
Financial Health criteria checks 6/6
Learn Africa has a total shareholder equity of NGN3.4B and total debt of NGN0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NGN4.6B and NGN1.2B respectively. Learn Africa's EBIT is NGN12.8M making its interest coverage ratio 0.6. It has cash and short-term investments of NGN352.3M.
Key information
0%
Debt to equity ratio
₦0
Debt
| Interest coverage ratio | 0.6x |
| Cash | ₦352.28m |
| Equity | ₦3.40b |
| Total liabilities | ₦1.17b |
| Total assets | ₦4.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LEARNAFRCA's short term assets (NGN3.5B) exceed its short term liabilities (NGN1.2B).
Long Term Liabilities: LEARNAFRCA has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: LEARNAFRCA is debt free.
Reducing Debt: LEARNAFRCA has no debt compared to 5 years ago when its debt to equity ratio was 4.1%.
Debt Coverage: LEARNAFRCA has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: LEARNAFRCA has no debt, therefore coverage of interest payments is not a concern.