EMCO Industries Limited

KASE:EMCO Stock Report

Market Cap: PK₨964.6m

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 ratio2.2x
CashPK₨38.08m
EquityPK₨2.93b
Total liabilitiesPK₨2.48b
Total assetsPK₨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).


Balance Sheet


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