Bata Pakistan Balance Sheet Health
Financial Health criteria checks 5/6
Bata Pakistan has a total shareholder equity of PKR6.1B and total debt of PKR44.1M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are PKR17.6B and PKR11.5B respectively. Bata Pakistan's EBIT is PKR2.0B making its interest coverage ratio 3.7. It has cash and short-term investments of PKR2.8B.
Key information
0.7%
Debt to equity ratio
PK₨44.07m
Debt
Interest coverage ratio | 3.7x |
Cash | PK₨2.82b |
Equity | PK₨6.08b |
Total liabilities | PK₨11.49b |
Total assets | PK₨17.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BATA's short term assets (PKR10.7B) exceed its short term liabilities (PKR7.9B).
Long Term Liabilities: BATA's short term assets (PKR10.7B) exceed its long term liabilities (PKR3.6B).
Debt to Equity History and Analysis
Debt Level: BATA has more cash than its total debt.
Reducing Debt: BATA's debt to equity ratio has increased from 0% to 0.7% over the past 5 years.
Debt Coverage: BATA's debt is well covered by operating cash flow (8840.5%).
Interest Coverage: BATA's interest payments on its debt are well covered by EBIT (3.7x coverage).