GlaxoSmithKline Consumer Nigeria Balance Sheet Health
Financial Health criteria checks 6/6
GlaxoSmithKline Consumer Nigeria has a total shareholder equity of NGN9.3B and total debt of NGN0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NGN29.4B and NGN20.0B respectively.
Key information
0%
Debt to equity ratio
₦0
Debt
Interest coverage ratio | n/a |
Cash | ₦24.17b |
Equity | ₦9.32b |
Total liabilities | ₦20.04b |
Total assets | ₦29.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GLAXOSMITH's short term assets (NGN28.1B) exceed its short term liabilities (NGN20.0B).
Long Term Liabilities: GLAXOSMITH has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: GLAXOSMITH is debt free.
Reducing Debt: GLAXOSMITH had no debt 5 years ago.
Debt Coverage: GLAXOSMITH has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: GLAXOSMITH has no debt, therefore coverage of interest payments is not a concern.