University Press Balance Sheet Health
Financial Health criteria checks 6/6
University Press has a total shareholder equity of NGN3.5B and total debt of NGN0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NGN4.9B and NGN1.5B respectively. University Press's EBIT is NGN184.2M making its interest coverage ratio -8.4. It has cash and short-term investments of NGN674.7M.
Key information
0%
Debt to equity ratio
₦0
Debt
Interest coverage ratio | -8.4x |
Cash | ₦674.67m |
Equity | ₦3.45b |
Total liabilities | ₦1.47b |
Total assets | ₦4.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UPL's short term assets (NGN3.1B) exceed its short term liabilities (NGN1.3B).
Long Term Liabilities: UPL's short term assets (NGN3.1B) exceed its long term liabilities (NGN162.9M).
Debt to Equity History and Analysis
Debt Level: UPL is debt free.
Reducing Debt: UPL has not had any debt for past 5 years.
Debt Coverage: UPL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: UPL has no debt, therefore coverage of interest payments is not a concern.