National Investment Balance Sheet Health
Financial Health criteria checks 3/6
National Investment has a total shareholder equity of TZS139.0B and total debt of TZS19.6B, which brings its debt-to-equity ratio to 14.1%. Its total assets and total liabilities are TZS165.6B and TZS26.6B respectively. National Investment's EBIT is TZS10.1B making its interest coverage ratio 4.1. It has cash and short-term investments of TZS611.4M.
Key information
14.1%
Debt to equity ratio
TSh19.61b
Debt
Interest coverage ratio | 4.1x |
Cash | TSh611.38m |
Equity | TSh139.02b |
Total liabilities | TSh26.60b |
Total assets | TSh165.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NICO's short term assets (TZS10.2B) exceed its short term liabilities (TZS10.2B).
Long Term Liabilities: NICO's short term assets (TZS10.2B) do not cover its long term liabilities (TZS16.4B).
Debt to Equity History and Analysis
Debt Level: NICO's net debt to equity ratio (13.7%) is considered satisfactory.
Reducing Debt: NICO's debt to equity ratio has increased from 0.5% to 14.1% over the past 5 years.
Debt Coverage: NICO's debt is not well covered by operating cash flow (14.1%).
Interest Coverage: NICO's interest payments on its debt are well covered by EBIT (4.1x coverage).