Leather Up Balance Sheet Health
Financial Health criteria checks 4/6
Leather Up has a total shareholder equity of PKR20.3M and total debt of PKR88.6K, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are PKR28.5M and PKR8.2M respectively.
Key information
0.4%
Debt to equity ratio
PK₨88.60k
Debt
| Interest coverage ratio | n/a |
| Cash | PK₨1.42m |
| Equity | PK₨20.25m |
| Total liabilities | PK₨8.21m |
| Total assets | PK₨28.47m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LEUL's short term assets (PKR25.9M) exceed its short term liabilities (PKR7.7M).
Long Term Liabilities: LEUL's short term assets (PKR25.9M) exceed its long term liabilities (PKR470.4K).
Debt to Equity History and Analysis
Debt Level: LEUL has more cash than its total debt.
Reducing Debt: LEUL's debt to equity ratio has reduced from 1.5% to 0.4% over the past 5 years.
Debt Coverage: LEUL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if LEUL's interest payments on its debt are well covered by EBIT.