Sapphire Fibres Balance Sheet Health
Financial Health criteria checks 6/6
Sapphire Fibres has a total shareholder equity of PKR56.5B and total debt of PKR14.8B, which brings its debt-to-equity ratio to 26.3%. Its total assets and total liabilities are PKR85.4B and PKR28.9B respectively. Sapphire Fibres's EBIT is PKR6.0B making its interest coverage ratio 4.5. It has cash and short-term investments of PKR4.8B.
Key information
26.3%
Debt to equity ratio
PK₨14.82b
Debt
| Interest coverage ratio | 4.5x |
| Cash | PK₨4.79b |
| Equity | PK₨56.45b |
| Total liabilities | PK₨28.90b |
| Total assets | PK₨85.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SFL's short term assets (PKR48.9B) exceed its short term liabilities (PKR24.5B).
Long Term Liabilities: SFL's short term assets (PKR48.9B) exceed its long term liabilities (PKR4.4B).
Debt to Equity History and Analysis
Debt Level: SFL's net debt to equity ratio (17.8%) is considered satisfactory.
Reducing Debt: SFL's debt to equity ratio has reduced from 79.6% to 26.3% over the past 5 years.
Debt Coverage: SFL's debt is well covered by operating cash flow (60.5%).
Interest Coverage: SFL's interest payments on its debt are well covered by EBIT (4.5x coverage).