Geregu Power Balance Sheet Health
Financial Health criteria checks 5/6
Geregu Power has a total shareholder equity of NGN39.6B and total debt of NGN57.9B, which brings its debt-to-equity ratio to 146.1%. Its total assets and total liabilities are NGN195.8B and NGN156.2B respectively. Geregu Power's EBIT is NGN46.9B making its interest coverage ratio 19. It has cash and short-term investments of NGN51.9B.
Key information
146.1%
Debt to equity ratio
₦57.86b
Debt
Interest coverage ratio | 19x |
Cash | ₦51.88b |
Equity | ₦39.62b |
Total liabilities | ₦156.15b |
Total assets | ₦195.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GEREGU's short term assets (NGN160.0B) exceed its short term liabilities (NGN98.0B).
Long Term Liabilities: GEREGU's short term assets (NGN160.0B) exceed its long term liabilities (NGN58.1B).
Debt to Equity History and Analysis
Debt Level: GEREGU's net debt to equity ratio (15.1%) is considered satisfactory.
Reducing Debt: GEREGU's debt to equity ratio has increased from 3.2% to 146.1% over the past 5 years.
Debt Coverage: GEREGU's debt is well covered by operating cash flow (81.3%).
Interest Coverage: GEREGU's interest payments on its debt are well covered by EBIT (19x coverage).