First National Equities Balance Sheet Health
Financial Health criteria checks 4/6
First National Equities has a total shareholder equity of PKR1.2B and total debt of PKR385.3M, which brings its debt-to-equity ratio to 33.4%. Its total assets and total liabilities are PKR1.9B and PKR707.5M respectively.
Key information
33.4%
Debt to equity ratio
PK₨385.28m
Debt
Interest coverage ratio | n/a |
Cash | PK₨285.32m |
Equity | PK₨1.15b |
Total liabilities | PK₨707.51m |
Total assets | PK₨1.86b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FNEL's short term assets (PKR550.6M) exceed its short term liabilities (PKR333.8M).
Long Term Liabilities: FNEL's short term assets (PKR550.6M) exceed its long term liabilities (PKR373.7M).
Debt to Equity History and Analysis
Debt Level: FNEL's net debt to equity ratio (8.7%) is considered satisfactory.
Reducing Debt: FNEL's debt to equity ratio has reduced from 112.9% to 33.4% over the past 5 years.
Debt Coverage: FNEL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if FNEL's interest payments on its debt are well covered by EBIT.