Nishat (Chunian) Limited

KASE:NCL Stock Report

Market Cap: PK₨6.9b

Nishat (Chunian) Balance Sheet Health

Financial Health criteria checks 2/6

Nishat (Chunian) has a total shareholder equity of PKR20.6B and total debt of PKR39.1B, which brings its debt-to-equity ratio to 190%. Its total assets and total liabilities are PKR71.3B and PKR50.8B respectively. Nishat (Chunian)'s EBIT is PKR8.6B making its interest coverage ratio 1.2. It has cash and short-term investments of PKR281.3M.

Key information

190.0%

Debt to equity ratio

PK₨39.07b

Debt

Interest coverage ratio1.2x
CashPK₨281.27m
EquityPK₨20.56b
Total liabilitiesPK₨50.78b
Total assetsPK₨71.34b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: NCL's short term assets (PKR46.9B) exceed its short term liabilities (PKR39.2B).

Long Term Liabilities: NCL's short term assets (PKR46.9B) exceed its long term liabilities (PKR11.6B).


Debt to Equity History and Analysis

Debt Level: NCL's net debt to equity ratio (188.7%) is considered high.

Reducing Debt: NCL's debt to equity ratio has increased from 159.7% to 190% over the past 5 years.

Debt Coverage: NCL's debt is not well covered by operating cash flow (6%).

Interest Coverage: NCL's interest payments on its debt are not well covered by EBIT (1.2x coverage).


Balance Sheet


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