Bata Pakistan Balance Sheet Health
Financial Health criteria checks 6/6
Bata Pakistan has a total shareholder equity of PKR6.3B and total debt of PKR36.2M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are PKR17.0B and PKR10.7B respectively. Bata Pakistan's EBIT is PKR1.6B making its interest coverage ratio 5.3. It has cash and short-term investments of PKR1.4B.
Key information
0.6%
Debt to equity ratio
PK₨36.20m
Debt
| Interest coverage ratio | 5.3x |
| Cash | PK₨1.43b |
| Equity | PK₨6.26b |
| Total liabilities | PK₨10.73b |
| Total assets | PK₨16.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BATA's short term assets (PKR10.5B) exceed its short term liabilities (PKR8.0B).
Long Term Liabilities: BATA's short term assets (PKR10.5B) exceed its long term liabilities (PKR2.8B).
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 reduced from 5.5% to 0.6% over the past 5 years.
Debt Coverage: BATA's debt is well covered by operating cash flow (5684.6%).
Interest Coverage: BATA's interest payments on its debt are well covered by EBIT (5.3x coverage).