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 ratio | 1.2x |
Cash | PK₨281.27m |
Equity | PK₨20.56b |
Total liabilities | PK₨50.78b |
Total assets | PK₨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).