TPL Trakker Balance Sheet Health
Financial Health criteria checks 3/6
TPL Trakker has a total shareholder equity of PKR2.5B and total debt of PKR1.2B, which brings its debt-to-equity ratio to 49.7%. Its total assets and total liabilities are PKR6.4B and PKR4.0B respectively. TPL Trakker's EBIT is PKR467.4M making its interest coverage ratio 1.3. It has cash and short-term investments of PKR140.8M.
Key information
49.7%
Debt to equity ratio
PK₨1.23b
Debt
Interest coverage ratio | 1.3x |
Cash | PK₨140.80m |
Equity | PK₨2.48b |
Total liabilities | PK₨3.97b |
Total assets | PK₨6.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TPLT's short term assets (PKR2.7B) do not cover its short term liabilities (PKR3.6B).
Long Term Liabilities: TPLT's short term assets (PKR2.7B) exceed its long term liabilities (PKR374.6M).
Debt to Equity History and Analysis
Debt Level: TPLT's net debt to equity ratio (44%) is considered high.
Reducing Debt: TPLT's debt to equity ratio has reduced from 139.7% to 49.7% over the past 5 years.
Debt Coverage: TPLT's debt is well covered by operating cash flow (43.7%).
Interest Coverage: TPLT's interest payments on its debt are not well covered by EBIT (1.3x coverage).