National Investments PLC

National Investments PLC maintains a conservative capital structure with a debt-to-equity ratio of 0.05, indicating minimal leverage relative to its equity base of TZS 238.9 billion. However, liquidity is constrained, evidenced by a current ratio of 0.53, which suggests that current liabilities exceed current assets. The company holds TZS 393.6 million in cash and equivalents against long-term debt of TZS 12.8 billion, resulting in a negative net cash position as flagged in the risk assessment. Operating cash flow stands at TZS 13.3 billion, providing a buffer against short-term obligations despite the tight current ratio.

Profitability metrics show a return on equity of 4.79% and a return on assets of 4.45%, reflecting modest efficiency in generating earnings from its asset base. The company reports a gross profit of TZS 14.9 billion on revenue of TZS 14.9 billion, indicating a near-100% gross margin, which is characteristic of financial institutions where revenue is largely derived from fee income or investment gains rather than cost-of-goods-sold models. Operating income is TZS 13.8 billion, leading to a net income of TZS 11.4 billion, demonstrating strong retention of earnings after operating expenses.