Sazgar Engineering Works Balance Sheet Health
Financial Health criteria checks 6/6
Sazgar Engineering Works has a total shareholder equity of PKR14.3B and total debt of PKR305.6M, which brings its debt-to-equity ratio to 2.1%. Its total assets and total liabilities are PKR35.6B and PKR21.2B respectively. Sazgar Engineering Works's EBIT is PKR18.0B making its interest coverage ratio -28.6. It has cash and short-term investments of PKR10.6B.
Key information
2.1%
Debt to equity ratio
PK₨305.59m
Debt
| Interest coverage ratio | -28.6x |
| Cash | PK₨10.57b |
| Equity | PK₨14.32b |
| Total liabilities | PK₨21.25b |
| Total assets | PK₨35.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SAZEW's short term assets (PKR30.5B) exceed its short term liabilities (PKR20.3B).
Long Term Liabilities: SAZEW's short term assets (PKR30.5B) exceed its long term liabilities (PKR938.9M).
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 40.2% to 2.1% over the past 5 years.
Debt Coverage: SAZEW's debt is well covered by operating cash flow (3318.1%).
Interest Coverage: SAZEW earns more interest than it pays, so coverage of interest payments is not a concern.