Transcorp Power Balance Sheet Health
Financial Health criteria checks 5/6
Transcorp Power has a total shareholder equity of NGN105.0B and total debt of NGN48.7B, which brings its debt-to-equity ratio to 46.3%. Its total assets and total liabilities are NGN362.5B and NGN257.5B respectively. Transcorp Power's EBIT is NGN107.6B making its interest coverage ratio 22.9. It has cash and short-term investments of NGN37.0B.
Key information
46.3%
Debt to equity ratio
₦48.67b
Debt
| Interest coverage ratio | 22.9x |
| Cash | ₦36.97b |
| Equity | ₦105.03b |
| Total liabilities | ₦257.47b |
| Total assets | ₦362.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TRANSPOWER's short term assets (NGN293.1B) exceed its short term liabilities (NGN215.1B).
Long Term Liabilities: TRANSPOWER's short term assets (NGN293.1B) exceed its long term liabilities (NGN42.4B).
Debt to Equity History and Analysis
Debt Level: TRANSPOWER's net debt to equity ratio (11.1%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if TRANSPOWER's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: TRANSPOWER's debt is well covered by operating cash flow (121.7%).
Interest Coverage: TRANSPOWER's interest payments on its debt are well covered by EBIT (22.9x coverage).