SEE FULL COMPANY PROFILES WITH A FREE TRIAL
EMIS is the definitive emerging markets news, research, company, and financial data resource. EMIS - ISI Emerging MarketsLEARN MORE
Search for another company:
ALL
Nigeria
Company data displayed is for sample purposes only and may not reflect the most current information available on Emerging Markets Information Service (EMIS).

Transnational Corporation Nigeria

Main Activities: Utilities - Food Manufacturing - Accommodation

facebook Please check the full coverage of information what EMIS can offer you. SEE SAMPLE

Company Information

Full name
Transnational Corporation Nigeria

Headquarters
Transnational Corporation of Nigeria Plc. 11, Alfred Rewane (former Kingsway) Road Ikoyi, Lagos.; Lagos; Lagos
Status: Listed
Legal Form: Other non-liability limited
Operational Status: Operational
ISIN CODE : NGTRANSCORP7
Financial Auditors: PricewaterhouseCoopers (2010)
Incorporation Date: November 17, 2004

Tel: +234-1-2691122, 234 -1- 4630274

Company Description

Transcorp was incorporated on November 16, 2004. The Company is a private sector response to the economic reform initiative of the federal government of Nigeria. These initiatives have placed the private sector in the driving seat of the national development process. With its structure and size, Transcorp's operation ensures that Nigeria effectively participates in the world economy. Transcorp successfully raised a first-of-its-kind startup capital of N6billion and its arrival on the Nigerian business
More

Company Analysis

According to the Consolidated - Audited financial statement for the Year of 2010, total net operating revenues increased with 1.08%, from NGN 13,941,574 thousands to NGN 14,091,642 thousands. Operating result decreased from NGN 4,682,326 thousands to NGN 3,936,802 thousands which means -15.92% change. The results of the period reached NGN 3,207,442 thousands at the end of the period against NGN -731,673 thousands last year. Return on equity (Net income/Total equity) went from -3.19% to 12.04%, the Return On Asset (Net income / Total Asset) went from -2.11% to 7.47% and the Net Profit Margin (Net Income/Net Sales) went from -5.25% to 22.76% when compared to the same period of last year. The Debt to Equity Ratio (Total Liabilities/Equity) was 81.08% compared to 78.01% of last year. Finally, the Current Ratio (Current Assets/Current Liabilities) went from 0.95 to 1.00 when compared to the previous year.

Key Executives

Tony Onyemaechi Elumelu Chairman
Obinna Ufudo Chief Executive Officer
Obinna Ufudo President
Adegboyega Olulade Director
Femi Otedola Director
More

Companies with Similar Main Activities

ISI Emerging Markets

FULL COMPANY PROFILE

Please check the full coverage of information what EMIS can offer you.
SEE SAMPLE
SELECT CURRENCY
Balance Sheet

Total Assets

11,350,986

41,544,184

Current Assets

6,588,392

9,988,985

Total Liabilities

11,350,986

20,880,506

Shareholders Equity

0

26,622,913

Current Liabilities

2,843,549

10,616,823

* All the accounts are in NGN.
Income Statement

Total Operating Revenue

1,442,920

14,153,907

Operational Profit (Loss)

753,129

3,480,847

Net Profit (Loss)

1,501,927

1,257,277

* All the accounts are in NGN.
Ratios
Profitability Ratios

Return on Assets (ROA)

13.23%

3.03%

Annualised Return on Assets (ROA)

17.64%

3.03%

Return on Equity (ROE)

0%

6.08%

Annualised Return on Equity (ROE)

0%

6.08%

Return on Sales (ROS)

132.2%

8.93%

Return on Capital

78.67%

5.52%

Gross Profit Margin

100%

63.73%

Operating Profit Margin

39.29%

35.38%

Efficiency Ratios

Accounts Receivable Turnover

-x

6.48x

Inventory Turnover

-x

6.50x

Current asset turnover

0.17x

1.41x

Fixed-asset turnover

0.24x

0.45x

Asset Turnover

0.10x

0.34x

Valuation figures and ratios

Earning Before Interests and Taxes (EBIT)

753,129

3,574,711

EBITDA

753,129

5,057,526

Enterprise value

26,835,865

13,378,896

Enterprise Value / EBITDA

35.63

2.65

Bookvalue (BV)

6,903,059

39,449,706

Net Cash

-560,271

-3,713,662

Liquidity Ratios

Current Ratio

231.7%

94.09%

Quick ratio

231.7%

86.69%

Doom's day ratio

80.3%

65.02%

Leverage Ratios

Leverage ratio

0%

201.05%

Interest Coverage Ratio

212.36%

1,376.19%

Debt to equity

0%

101.05%

Debt to total assets

100%

50.26%

Long Term Debt to Capital

100%

44.3%

Debt / Enterprise Value

16.57%

15.66%

Market ratios

Market Capitalization/EBITDA

32.76

2.42

Price/Book Ratio

3.73

0.33

Market Cap / Net cash

-44.03

-3.29

Trend Ratios

Revenue Trend

60.53%

101.07%

Net Income Trend

-1,945%

39.2%

Operating Income Trend

68.13%

91.02%