Amtex Balance Sheet Health
Financial Health criteria checks 2/6
Amtex has a total shareholder equity of PKR-8.6B and total debt of PKR7.0B, which brings its debt-to-equity ratio to -81.8%. Its total assets and total liabilities are PKR3.4B and PKR12.0B respectively. Amtex's EBIT is PKR22.8M making its interest coverage ratio 0.2. It has cash and short-term investments of PKR43.6M.
Key information
-81.8%
Debt to equity ratio
PK₨7.04b
Debt
Interest coverage ratio | 0.2x |
Cash | PK₨43.61m |
Equity | -PK₨8.60b |
Total liabilities | PK₨12.03b |
Total assets | PK₨3.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AMTEX has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: AMTEX has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: AMTEX has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: AMTEX's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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 AMTEX has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: AMTEX is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 10.8% per year.