Trans-Nationwide Express Balance Sheet Health
Financial Health criteria checks 6/6
Trans-Nationwide Express has a total shareholder equity of NGN355.1M and total debt of NGN0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NGN714.3M and NGN359.2M respectively.
Key information
0%
Debt to equity ratio
₦0
Debt
Interest coverage ratio | n/a |
Cash | ₦38.57m |
Equity | ₦355.12m |
Total liabilities | ₦359.19m |
Total assets | ₦714.32m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TRANSEXPR's short term assets (NGN456.9M) exceed its short term liabilities (NGN357.5M).
Long Term Liabilities: TRANSEXPR's short term assets (NGN456.9M) exceed its long term liabilities (NGN1.7M).
Debt to Equity History and Analysis
Debt Level: TRANSEXPR is debt free.
Reducing Debt: TRANSEXPR had no debt 5 years ago.
Debt Coverage: TRANSEXPR has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TRANSEXPR has no debt, therefore coverage of interest payments is not a concern.