Geregu Power Balance Sheet Health
Financial Health criteria checks 5/6
Geregu Power has a total shareholder equity of NGN49.3B and total debt of NGN55.3B, which brings its debt-to-equity ratio to 112%. Its total assets and total liabilities are NGN221.1B and NGN171.7B respectively. Geregu Power's EBIT is NGN47.4B making its interest coverage ratio 34.2. It has cash and short-term investments of NGN40.5B.
Key information
112.0%
Debt to equity ratio
₦55.28b
Debt
| Interest coverage ratio | 34.2x |
| Cash | ₦40.50b |
| Equity | ₦49.34b |
| Total liabilities | ₦171.74b |
| Total assets | ₦221.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GEREGU's short term assets (NGN154.5B) exceed its short term liabilities (NGN120.6B).
Long Term Liabilities: GEREGU's short term assets (NGN154.5B) exceed its long term liabilities (NGN51.1B).
Debt to Equity History and Analysis
Debt Level: GEREGU's net debt to equity ratio (30%) is considered satisfactory.
Reducing Debt: GEREGU's debt to equity ratio has increased from 1.8% to 112% over the past 5 years.
Debt Coverage: GEREGU's debt is well covered by operating cash flow (87.5%).
Interest Coverage: GEREGU's interest payments on its debt are well covered by EBIT (34.2x coverage).