Image Pakistan Balance Sheet Health
Financial Health criteria checks 5/6
Image Pakistan has a total shareholder equity of PKR4.0B and total debt of PKR217.6M, which brings its debt-to-equity ratio to 5.4%. Its total assets and total liabilities are PKR5.4B and PKR1.3B respectively. Image Pakistan's EBIT is PKR700.6M making its interest coverage ratio 9. It has cash and short-term investments of PKR69.0M.
Key information
5.4%
Debt to equity ratio
PK₨217.56m
Debt
| Interest coverage ratio | 9x |
| Cash | PK₨69.02m |
| Equity | PK₨4.02b |
| Total liabilities | PK₨1.33b |
| Total assets | PK₨5.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IMAGE's short term assets (PKR3.4B) exceed its short term liabilities (PKR989.0M).
Long Term Liabilities: IMAGE's short term assets (PKR3.4B) exceed its long term liabilities (PKR342.2M).
Debt to Equity History and Analysis
Debt Level: IMAGE's net debt to equity ratio (3.7%) is considered satisfactory.
Reducing Debt: IMAGE's debt to equity ratio has reduced from 15.2% to 5.4% over the past 5 years.
Debt Coverage: IMAGE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: IMAGE's interest payments on its debt are well covered by EBIT (9x coverage).