Thal Balance Sheet Health
Financial Health criteria checks 5/6
Thal has a total shareholder equity of PKR43.8B and total debt of PKR4.7B, which brings its debt-to-equity ratio to 10.8%. Its total assets and total liabilities are PKR58.4B and PKR14.6B respectively. Thal's EBIT is PKR3.9B making its interest coverage ratio -6.1. It has cash and short-term investments of PKR10.6B.
Key information
10.8%
Debt to equity ratio
PK₨4.75b
Debt
Interest coverage ratio | -6.1x |
Cash | PK₨10.60b |
Equity | PK₨43.78b |
Total liabilities | PK₨14.59b |
Total assets | PK₨58.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: THALL's short term assets (PKR27.3B) exceed its short term liabilities (PKR9.0B).
Long Term Liabilities: THALL's short term assets (PKR27.3B) exceed its long term liabilities (PKR5.6B).
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 0% to 10.8% over the past 5 years.
Debt Coverage: THALL's debt is well covered by operating cash flow (84.9%).
Interest Coverage: THALL earns more interest than it pays, so coverage of interest payments is not a concern.