Loads Balance Sheet Health
Financial Health criteria checks 1/6
Loads has a total shareholder equity of PKR2.5B and total debt of PKR2.7B, which brings its debt-to-equity ratio to 108.9%. Its total assets and total liabilities are PKR6.4B and PKR3.9B respectively. Loads's EBIT is PKR719.1M making its interest coverage ratio 1.1. It has cash and short-term investments of PKR465.2M.
Key information
108.9%
Debt to equity ratio
PK₨2.70b
Debt
| Interest coverage ratio | 1.1x |
| Cash | PK₨465.20m |
| Equity | PK₨2.48b |
| Total liabilities | PK₨3.89b |
| Total assets | PK₨6.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LOADS's short term assets (PKR2.6B) do not cover its short term liabilities (PKR3.4B).
Long Term Liabilities: LOADS's short term assets (PKR2.6B) exceed its long term liabilities (PKR476.0M).
Debt to Equity History and Analysis
Debt Level: LOADS's net debt to equity ratio (90.1%) is considered high.
Reducing Debt: LOADS's debt to equity ratio has increased from 103.8% to 108.9% over the past 5 years.
Debt Coverage: LOADS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: LOADS's interest payments on its debt are not well covered by EBIT (1.1x coverage).