Smart Products Nigeria Balance Sheet Health
Financial Health criteria checks 5/6
Smart Products Nigeria has a total shareholder equity of NGN97.2M and total debt of NGN0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NGN196.4M and NGN99.3M respectively.
Key information
0%
Debt to equity ratio
₦0
Debt
Interest coverage ratio | n/a |
Cash | ₦35.06m |
Equity | ₦97.17m |
Total liabilities | ₦99.25m |
Total assets | ₦196.42m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SMURFIT's short term assets (NGN59.2M) do not cover its short term liabilities (NGN96.8M).
Long Term Liabilities: SMURFIT's short term assets (NGN59.2M) 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.