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 ratio0.6x
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.


Balance Sheet


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