Pak Elektron Balance Sheet Health
Financial Health criteria checks 5/6
Pak Elektron has a total shareholder equity of PKR39.9B and total debt of PKR14.4B, which brings its debt-to-equity ratio to 36%. Its total assets and total liabilities are PKR63.2B and PKR23.3B respectively. Pak Elektron's EBIT is PKR7.0B making its interest coverage ratio 1.9. It has cash and short-term investments of PKR2.0B.
Key information
36.0%
Debt to equity ratio
PK₨14.36b
Debt
Interest coverage ratio | 1.9x |
Cash | PK₨2.00b |
Equity | PK₨39.90b |
Total liabilities | PK₨23.27b |
Total assets | PK₨63.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PAEL's short term assets (PKR35.5B) exceed its short term liabilities (PKR17.8B).
Long Term Liabilities: PAEL's short term assets (PKR35.5B) exceed its long term liabilities (PKR5.4B).
Debt to Equity History and Analysis
Debt Level: PAEL's net debt to equity ratio (31%) is considered satisfactory.
Reducing Debt: PAEL's debt to equity ratio has reduced from 57% to 36% over the past 5 years.
Debt Coverage: PAEL's debt is well covered by operating cash flow (76.9%).
Interest Coverage: PAEL's interest payments on its debt are not well covered by EBIT (1.9x coverage).