Hinopak Motors Balance Sheet Health
Financial Health criteria checks 4/6
Hinopak Motors has a total shareholder equity of PKR5.2B and total debt of PKR1.6B, which brings its debt-to-equity ratio to 30.5%. Its total assets and total liabilities are PKR10.1B and PKR4.9B respectively. Hinopak Motors's EBIT is PKR278.6M making its interest coverage ratio 0.9. It has cash and short-term investments of PKR33.7M.
Key information
30.5%
Debt to equity ratio
PK₨1.58b
Debt
| Interest coverage ratio | 0.9x |
| Cash | PK₨33.70m |
| Equity | PK₨5.18b |
| Total liabilities | PK₨4.94b |
| Total assets | PK₨10.12b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HINO's short term assets (PKR6.2B) exceed its short term liabilities (PKR4.7B).
Long Term Liabilities: HINO's short term assets (PKR6.2B) exceed its long term liabilities (PKR196.4M).
Debt to Equity History and Analysis
Debt Level: HINO's net debt to equity ratio (29.9%) is considered satisfactory.
Reducing Debt: HINO's debt to equity ratio has reduced from 210.3% to 30.5% over the past 5 years.
Debt Coverage: HINO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: HINO's interest payments on its debt are not well covered by EBIT (0.9x coverage).