Courteville Business Solutions Balance Sheet Health
Financial Health criteria checks 4/6
Courteville Business Solutions has a total shareholder equity of NGN3.4B and total debt of NGN17.4M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are NGN4.4B and NGN986.3M respectively.
Key information
0.5%
Debt to equity ratio
₦17.43m
Debt
| Interest coverage ratio | n/a |
| Cash | ₦202.12m |
| Equity | ₦3.39b |
| Total liabilities | ₦986.29m |
| Total assets | ₦4.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: COURTVILLE's short term assets (NGN1.9B) exceed its short term liabilities (NGN692.8M).
Long Term Liabilities: COURTVILLE's short term assets (NGN1.9B) exceed its long term liabilities (NGN293.5M).
Debt to Equity History and Analysis
Debt Level: COURTVILLE has more cash than its total debt.
Reducing Debt: COURTVILLE's debt to equity ratio has reduced from 1.8% to 0.5% over the past 5 years.
Debt Coverage: COURTVILLE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if COURTVILLE's interest payments on its debt are well covered by EBIT.