Hinopak Motors Balance Sheet Health
Financial Health criteria checks 4/6
Hinopak Motors has a total shareholder equity of PKR5.1B and total debt of PKR352.3M, which brings its debt-to-equity ratio to 7%. Its total assets and total liabilities are PKR9.1B and PKR4.0B respectively. Hinopak Motors's EBIT is PKR61.4M making its interest coverage ratio -0.3. It has cash and short-term investments of PKR220.5M.
Key information
7.0%
Debt to equity ratio
PK₨352.34m
Debt
Interest coverage ratio | -0.3x |
Cash | PK₨220.48m |
Equity | PK₨5.05b |
Total liabilities | PK₨4.05b |
Total assets | PK₨9.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HINO's short term assets (PKR5.2B) exceed its short term liabilities (PKR3.8B).
Long Term Liabilities: HINO's short term assets (PKR5.2B) exceed its long term liabilities (PKR211.9M).
Debt to Equity History and Analysis
Debt Level: HINO's net debt to equity ratio (2.6%) is considered satisfactory.
Reducing Debt: HINO's debt to equity ratio has increased from 0.8% to 7% over the past 5 years.
Debt Coverage: HINO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: HINO earns more interest than it pays, so coverage of interest payments is not a concern.