CWG Balance Sheet Health
Financial Health criteria checks 6/6
CWG has a total shareholder equity of NGN4.7B and total debt of NGN3.7B, which brings its debt-to-equity ratio to 77.7%. Its total assets and total liabilities are NGN37.5B and NGN32.7B respectively. CWG's EBIT is NGN3.5B making its interest coverage ratio 33.9. It has cash and short-term investments of NGN5.3B.
Key information
77.7%
Debt to equity ratio
₦3.66b
Debt
| Interest coverage ratio | 33.9x |
| Cash | ₦5.30b |
| Equity | ₦4.72b |
| Total liabilities | ₦32.75b |
| Total assets | ₦37.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CWG's short term assets (NGN36.0B) exceed its short term liabilities (NGN32.6B).
Long Term Liabilities: CWG's short term assets (NGN36.0B) exceed its long term liabilities (NGN138.0M).
Debt to Equity History and Analysis
Debt Level: CWG has more cash than its total debt.
Reducing Debt: CWG's debt to equity ratio has reduced from 89.4% to 77.7% over the past 5 years.
Debt Coverage: CWG's debt is well covered by operating cash flow (50.5%).
Interest Coverage: CWG's interest payments on its debt are well covered by EBIT (33.9x coverage).