Nishat (Chunian) Balance Sheet Health
Financial Health criteria checks 2/6
Nishat (Chunian) has a total shareholder equity of PKR20.2B and total debt of PKR45.7B, which brings its debt-to-equity ratio to 226.2%. Its total assets and total liabilities are PKR78.1B and PKR58.0B respectively. Nishat (Chunian)'s EBIT is PKR8.2B making its interest coverage ratio 1.2. It has cash and short-term investments of PKR189.8M.
Key information
226.2%
Debt to equity ratio
PK₨45.66b
Debt
Interest coverage ratio | 1.2x |
Cash | PK₨189.77m |
Equity | PK₨20.19b |
Total liabilities | PK₨57.96b |
Total assets | PK₨78.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NCL's short term assets (PKR53.9B) exceed its short term liabilities (PKR45.8B).
Long Term Liabilities: NCL's short term assets (PKR53.9B) exceed its long term liabilities (PKR12.1B).
Debt to Equity History and Analysis
Debt Level: NCL's net debt to equity ratio (225.2%) is considered high.
Reducing Debt: NCL's debt to equity ratio has increased from 171.6% to 226.2% over the past 5 years.
Debt Coverage: NCL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: NCL's interest payments on its debt are not well covered by EBIT (1.2x coverage).