Pak Agro Packaging Balance Sheet Health
Financial Health criteria checks 6/6
Pak Agro Packaging has a total shareholder equity of PKR390.9M and total debt of PKR80.0M, which brings its debt-to-equity ratio to 20.5%. Its total assets and total liabilities are PKR566.1M and PKR175.2M respectively. Pak Agro Packaging's EBIT is PKR73.6M making its interest coverage ratio 4.3. It has cash and short-term investments of PKR32.8M.
Key information
20.5%
Debt to equity ratio
PK₨80.00m
Debt
Interest coverage ratio | 4.3x |
Cash | PK₨32.76m |
Equity | PK₨390.89m |
Total liabilities | PK₨175.24m |
Total assets | PK₨566.13m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GEMPAPL's short term assets (PKR276.9M) exceed its short term liabilities (PKR123.8M).
Long Term Liabilities: GEMPAPL's short term assets (PKR276.9M) exceed its long term liabilities (PKR51.4M).
Debt to Equity History and Analysis
Debt Level: GEMPAPL's net debt to equity ratio (12.1%) is considered satisfactory.
Reducing Debt: GEMPAPL's debt to equity ratio has reduced from 92.2% to 20.5% over the past 5 years.
Debt Coverage: GEMPAPL's debt is well covered by operating cash flow (78.3%).
Interest Coverage: GEMPAPL's interest payments on its debt are well covered by EBIT (4.3x coverage).