EMCO Industries Balance Sheet Health
Financial Health criteria checks 3/6
EMCO Industries has a total shareholder equity of PKR2.9B and total debt of PKR1.6B, which brings its debt-to-equity ratio to 54.2%. Its total assets and total liabilities are PKR5.4B and PKR2.5B respectively. EMCO Industries's EBIT is PKR733.7M making its interest coverage ratio 2.2. It has cash and short-term investments of PKR38.1M.
Key information
54.2%
Debt to equity ratio
PK₨1.59b
Debt
| Interest coverage ratio | 2.2x |
| Cash | PK₨38.08m |
| Equity | PK₨2.93b |
| Total liabilities | PK₨2.48b |
| Total assets | PK₨5.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EMCO's short term assets (PKR2.4B) exceed its short term liabilities (PKR1.4B).
Long Term Liabilities: EMCO's short term assets (PKR2.4B) exceed its long term liabilities (PKR1.0B).
Debt to Equity History and Analysis
Debt Level: EMCO's net debt to equity ratio (52.9%) is considered high.
Reducing Debt: EMCO's debt to equity ratio has reduced from 82.7% to 54.2% over the past 5 years.
Debt Coverage: EMCO's debt is not well covered by operating cash flow (12.6%).
Interest Coverage: EMCO's interest payments on its debt are not well covered by EBIT (2.2x coverage).