Hi-Tech Lubricants Balance Sheet Health
Financial Health criteria checks 1/6
Hi-Tech Lubricants has a total shareholder equity of PKR5.9B and total debt of PKR3.2B, which brings its debt-to-equity ratio to 53.8%. Its total assets and total liabilities are PKR12.3B and PKR6.4B respectively. Hi-Tech Lubricants's EBIT is PKR399.8M making its interest coverage ratio 0.6. It has cash and short-term investments of PKR509.5M.
Key information
53.8%
Debt to equity ratio
PK₨3.20b
Debt
| Interest coverage ratio | 0.6x |
| Cash | PK₨509.48m |
| Equity | PK₨5.94b |
| Total liabilities | PK₨6.40b |
| Total assets | PK₨12.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HTL's short term assets (PKR5.1B) do not cover its short term liabilities (PKR5.4B).
Long Term Liabilities: HTL's short term assets (PKR5.1B) exceed its long term liabilities (PKR1.0B).
Debt to Equity History and Analysis
Debt Level: HTL's net debt to equity ratio (45.3%) is considered high.
Reducing Debt: HTL's debt to equity ratio has increased from 46.8% to 53.8% over the past 5 years.
Debt Coverage: HTL's debt is not well covered by operating cash flow (12.5%).
Interest Coverage: HTL's interest payments on its debt are not well covered by EBIT (0.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 22:24 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Hi-Tech Lubricants Limited is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Muhammad Amad Bin Aamir | Arif Habib Limited |
| Faizan Ahmed | JS Global Capital Limited |