Shabbir Tiles and Ceramics Balance Sheet Health
Financial Health criteria checks 4/6
Shabbir Tiles and Ceramics has a total shareholder equity of PKR2.9B and total debt of PKR1.1B, which brings its debt-to-equity ratio to 36.8%. Its total assets and total liabilities are PKR8.4B and PKR5.5B respectively. Shabbir Tiles and Ceramics's EBIT is PKR289.8M making its interest coverage ratio 4.5. It has cash and short-term investments of PKR645.1M.
Key information
36.8%
Debt to equity ratio
PK₨1.08b
Debt
| Interest coverage ratio | 4.5x |
| Cash | PK₨645.07m |
| Equity | PK₨2.93b |
| Total liabilities | PK₨5.45b |
| Total assets | PK₨8.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: STCL's short term assets (PKR5.1B) exceed its short term liabilities (PKR4.7B).
Long Term Liabilities: STCL's short term assets (PKR5.1B) exceed its long term liabilities (PKR729.3M).
Debt to Equity History and Analysis
Debt Level: STCL's net debt to equity ratio (14.8%) is considered satisfactory.
Reducing Debt: STCL's debt to equity ratio has increased from 29% to 36.8% over the past 5 years.
Debt Coverage: STCL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: STCL's interest payments on its debt are well covered by EBIT (4.5x coverage).