Azgard Nine Balance Sheet Health
Financial Health criteria checks 4/6
Azgard Nine has a total shareholder equity of PKR13.6B and total debt of PKR7.9B, which brings its debt-to-equity ratio to 58.1%. Its total assets and total liabilities are PKR26.0B and PKR12.4B respectively. Azgard Nine's EBIT is PKR3.2B making its interest coverage ratio 18.8. It has cash and short-term investments of PKR1.2B.
Key information
58.1%
Debt to equity ratio
PK₨7.91b
Debt
Interest coverage ratio | 18.8x |
Cash | PK₨1.18b |
Equity | PK₨13.62b |
Total liabilities | PK₨12.40b |
Total assets | PK₨26.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ANL's short term assets (PKR15.7B) exceed its short term liabilities (PKR7.5B).
Long Term Liabilities: ANL's short term assets (PKR15.7B) exceed its long term liabilities (PKR4.9B).
Debt to Equity History and Analysis
Debt Level: ANL's net debt to equity ratio (49.4%) is considered high.
Reducing Debt: ANL's debt to equity ratio has reduced from 3182.4% to 58.1% over the past 5 years.
Debt Coverage: ANL's debt is not well covered by operating cash flow (18.6%).
Interest Coverage: ANL's interest payments on its debt are well covered by EBIT (18.8x coverage).