TPL Trakker Balance Sheet Health
Financial Health criteria checks 4/6
TPL Trakker has a total shareholder equity of PKR1.3B and total debt of PKR1.9B, which brings its debt-to-equity ratio to 149.5%. Its total assets and total liabilities are PKR5.9B and PKR4.7B respectively. TPL Trakker's EBIT is PKR341.5M making its interest coverage ratio 0.7. It has cash and short-term investments of PKR188.9M.
Key information
149.5%
Debt to equity ratio
PK₨1.90b
Debt
| Interest coverage ratio | 0.7x |
| Cash | PK₨188.92m |
| Equity | PK₨1.27b |
| Total liabilities | PK₨4.66b |
| Total assets | PK₨5.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TPLT's short term assets (PKR2.2B) do not cover its short term liabilities (PKR3.9B).
Long Term Liabilities: TPLT's short term assets (PKR2.2B) exceed its long term liabilities (PKR728.9M).
Debt to Equity History and Analysis
Debt Level: TPLT's net debt to equity ratio (134.7%) is considered high.
Reducing Debt: TPLT's debt to equity ratio has reduced from 150.4% to 149.5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable TPLT has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: TPLT is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 46.6% per year.