Al-Ghazi Tractors Balance Sheet Health
Financial Health criteria checks 5/6
Al-Ghazi Tractors has a total shareholder equity of PKR6.6B and total debt of PKR807.0M, which brings its debt-to-equity ratio to 12.2%. Its total assets and total liabilities are PKR16.6B and PKR9.9B respectively. Al-Ghazi Tractors's EBIT is PKR6.0B making its interest coverage ratio -17.6. It has cash and short-term investments of PKR1.1B.
Key information
12.2%
Debt to equity ratio
PK₨807.02m
Debt
| Interest coverage ratio | -17.6x |
| Cash | PK₨1.13b |
| Equity | PK₨6.63b |
| Total liabilities | PK₨9.94b |
| Total assets | PK₨16.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AGTL's short term assets (PKR14.7B) exceed its short term liabilities (PKR9.8B).
Long Term Liabilities: AGTL's short term assets (PKR14.7B) exceed its long term liabilities (PKR157.8M).
Debt to Equity History and Analysis
Debt Level: AGTL has more cash than its total debt.
Reducing Debt: AGTL's debt to equity ratio has reduced from 155.4% to 12.2% over the past 5 years.
Debt Coverage: AGTL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AGTL earns more interest than it pays, so coverage of interest payments is not a concern.