Honda Atlas Cars (Pakistan) Limited

KASE:HCAR Stock Report

Market Cap: PK₨30.4b

Honda Atlas Cars (Pakistan) Balance Sheet Health

Financial Health criteria checks 3/6

Honda Atlas Cars (Pakistan) has a total shareholder equity of PKR20.2B and total debt of PKR14.0B, which brings its debt-to-equity ratio to 69.2%. Its total assets and total liabilities are PKR53.7B and PKR33.5B respectively. Honda Atlas Cars (Pakistan)'s EBIT is PKR3.8B making its interest coverage ratio -5.9. It has cash and short-term investments of PKR274.1M.

Key information

69.2%

Debt to equity ratio

PK₨13.99b

Debt

Interest coverage ratio-5.9x
CashPK₨274.14m
EquityPK₨20.23b
Total liabilitiesPK₨33.48b
Total assetsPK₨53.71b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: HCAR's short term assets (PKR43.5B) exceed its short term liabilities (PKR29.1B).

Long Term Liabilities: HCAR's short term assets (PKR43.5B) exceed its long term liabilities (PKR4.3B).


Debt to Equity History and Analysis

Debt Level: HCAR's net debt to equity ratio (67.8%) is considered high.

Reducing Debt: HCAR's debt to equity ratio has increased from 0% to 69.2% over the past 5 years.

Debt Coverage: HCAR's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: HCAR earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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