Nishat (Chunian) Balance Sheet Health
Financial Health criteria checks 3/6
Nishat (Chunian) has a total shareholder equity of PKR21.3B and total debt of PKR39.1B, which brings its debt-to-equity ratio to 183.6%. Its total assets and total liabilities are PKR69.2B and PKR47.9B respectively. Nishat (Chunian)'s EBIT is PKR7.4B making its interest coverage ratio 1.1. It has cash and short-term investments of PKR463.9M.
Key information
183.6%
Debt to equity ratio
PK₨39.14b
Debt
| Interest coverage ratio | 1.1x |
| Cash | PK₨463.86m |
| Equity | PK₨21.32b |
| Total liabilities | PK₨47.86b |
| Total assets | PK₨69.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NCL's short term assets (PKR45.3B) exceed its short term liabilities (PKR37.5B).
Long Term Liabilities: NCL's short term assets (PKR45.3B) exceed its long term liabilities (PKR10.4B).
Debt to Equity History and Analysis
Debt Level: NCL's net debt to equity ratio (181.4%) is considered high.
Reducing Debt: NCL's debt to equity ratio has increased from 147.4% to 183.6% over the past 5 years.
Debt Coverage: NCL's debt is well covered by operating cash flow (29.2%).
Interest Coverage: NCL's interest payments on its debt are not well covered by EBIT (1.1x coverage).