Loads Balance Sheet Health
Financial Health criteria checks 3/6
Loads has a total shareholder equity of PKR1.8B and total debt of PKR2.9B, which brings its debt-to-equity ratio to 160.3%. Its total assets and total liabilities are PKR6.7B and PKR4.9B respectively. Loads's EBIT is PKR337.2M making its interest coverage ratio 0.5. It has cash and short-term investments of PKR380.8M.
Key information
160.3%
Debt to equity ratio
PK₨2.89b
Debt
Interest coverage ratio | 0.5x |
Cash | PK₨380.75m |
Equity | PK₨1.80b |
Total liabilities | PK₨4.93b |
Total assets | PK₨6.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LOADS's short term assets (PKR2.3B) do not cover its short term liabilities (PKR4.3B).
Long Term Liabilities: LOADS's short term assets (PKR2.3B) exceed its long term liabilities (PKR661.5M).
Debt to Equity History and Analysis
Debt Level: LOADS's net debt to equity ratio (139.1%) is considered high.
Reducing Debt: LOADS's debt to equity ratio has increased from 63.3% to 160.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable LOADS has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: LOADS is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 37.7% per year.