Sazgar Engineering Works Balance Sheet Health
Financial Health criteria checks 6/6
Sazgar Engineering Works has a total shareholder equity of PKR7.1B and total debt of PKR404.9M, which brings its debt-to-equity ratio to 5.7%. Its total assets and total liabilities are PKR21.1B and PKR14.0B respectively. Sazgar Engineering Works's EBIT is PKR8.2B making its interest coverage ratio 73.6. It has cash and short-term investments of PKR8.0B.
Key information
5.7%
Debt to equity ratio
PK₨404.94m
Debt
| Interest coverage ratio | 73.6x |
| Cash | PK₨7.99b |
| Equity | PK₨7.12b |
| Total liabilities | PK₨13.98b |
| Total assets | PK₨21.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SAZEW's short term assets (PKR16.7B) exceed its short term liabilities (PKR13.1B).
Long Term Liabilities: SAZEW's short term assets (PKR16.7B) exceed its long term liabilities (PKR831.8M).
Debt to Equity History and Analysis
Debt Level: SAZEW has more cash than its total debt.
Reducing Debt: SAZEW's debt to equity ratio has reduced from 24.7% to 5.7% over the past 5 years.
Debt Coverage: SAZEW's debt is well covered by operating cash flow (2414.2%).
Interest Coverage: SAZEW's interest payments on its debt are well covered by EBIT (73.6x coverage).