Pak Leather Crafts Balance Sheet Health
Financial Health criteria checks 0/6
Pak Leather Crafts has a total shareholder equity of PKR-329.3M and total debt of PKR303.9M, which brings its debt-to-equity ratio to -92.3%. Its total assets and total liabilities are PKR106.0M and PKR435.3M respectively.
Key information
-92.3%
Debt to equity ratio
PK₨303.94m
Debt
Interest coverage ratio | n/a |
Cash | PK₨248.20k |
Equity | -PK₨329.28m |
Total liabilities | PK₨435.30m |
Total assets | PK₨106.03m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PAKL has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: PAKL has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: PAKL has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: PAKL's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: PAKL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if PAKL's interest payments on its debt are well covered by EBIT.