Smart Products Nigeria Balance Sheet Health
Financial Health criteria checks 5/6
Smart Products Nigeria has a total shareholder equity of NGN125.6M and total debt of NGN0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NGN211.7M and NGN86.2M respectively.
Key information
0%
Debt to equity ratio
₦0
Debt
| Interest coverage ratio | n/a |
| Cash | ₦48.44m |
| Equity | ₦125.57m |
| Total liabilities | ₦86.18m |
| Total assets | ₦211.75m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SMURFIT's short term assets (NGN63.8M) do not cover its short term liabilities (NGN83.8M).
Long Term Liabilities: SMURFIT's short term assets (NGN63.8M) exceed its long term liabilities (NGN2.4M).
Debt to Equity History and Analysis
Debt Level: SMURFIT is debt free.
Reducing Debt: SMURFIT has not had any debt for past 5 years.
Debt Coverage: SMURFIT has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SMURFIT has no debt, therefore coverage of interest payments is not a concern.