Oando Balance Sheet Health
Financial Health criteria checks 0/6
Oando has a total shareholder equity of NGN-230.3B and total debt of NGN1,609.0B, which brings its debt-to-equity ratio to -698.8%. Its total assets and total liabilities are NGN4,971.8B and NGN5,202.1B respectively.
Key information
-698.8%
Debt to equity ratio
₦1.61t
Debt
| Interest coverage ratio | n/a |
| Cash | ₦157.20b |
| Equity | -₦230.27b |
| Total liabilities | ₦5.20t |
| Total assets | ₦4.97t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OAO has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: OAO has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: OAO has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: OAO's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: OAO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if OAO's interest payments on its debt are well covered by EBIT.