Image Pakistan Balance Sheet Health
Financial Health criteria checks 4/6
Image Pakistan has a total shareholder equity of PKR2.6B and total debt of PKR434.2M, which brings its debt-to-equity ratio to 16.6%. Its total assets and total liabilities are PKR4.4B and PKR1.8B respectively. Image Pakistan's EBIT is PKR518.4M making its interest coverage ratio 11.6. It has cash and short-term investments of PKR121.4M.
Key information
16.6%
Debt to equity ratio
PK₨434.17m
Debt
| Interest coverage ratio | 11.6x |
| Cash | PK₨121.42m |
| Equity | PK₨2.61b |
| Total liabilities | PK₨1.82b |
| Total assets | PK₨4.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IMAGE's short term assets (PKR2.9B) exceed its short term liabilities (PKR1.3B).
Long Term Liabilities: IMAGE's short term assets (PKR2.9B) exceed its long term liabilities (PKR540.7M).
Debt to Equity History and Analysis
Debt Level: IMAGE's net debt to equity ratio (12%) is considered satisfactory.
Reducing Debt: IMAGE's debt to equity ratio has increased from 16.5% to 16.6% 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 (11.6x coverage).