Thal Balance Sheet Health
Financial Health criteria checks 5/6
Thal has a total shareholder equity of PKR55.1B and total debt of PKR5.4B, which brings its debt-to-equity ratio to 9.8%. Its total assets and total liabilities are PKR75.6B and PKR20.5B respectively. Thal's EBIT is PKR2.5B making its interest coverage ratio -2.4. It has cash and short-term investments of PKR16.1B.
Key information
9.8%
Debt to equity ratio
PK₨5.37b
Debt
| Interest coverage ratio | -2.4x |
| Cash | PK₨16.11b |
| Equity | PK₨55.09b |
| Total liabilities | PK₨20.53b |
| Total assets | PK₨75.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: THALL's short term assets (PKR33.0B) exceed its short term liabilities (PKR10.6B).
Long Term Liabilities: THALL's short term assets (PKR33.0B) exceed its long term liabilities (PKR9.9B).
Debt to Equity History and Analysis
Debt Level: THALL has more cash than its total debt.
Reducing Debt: THALL's debt to equity ratio has increased from 1.3% to 9.8% over the past 5 years.
Debt Coverage: THALL's debt is well covered by operating cash flow (60.5%).
Interest Coverage: THALL earns more interest than it pays, so coverage of interest payments is not a concern.