Sapphire Fibres Balance Sheet Health
Financial Health criteria checks 5/6
Sapphire Fibres has a total shareholder equity of PKR51.4B and total debt of PKR18.4B, which brings its debt-to-equity ratio to 35.8%. Its total assets and total liabilities are PKR80.3B and PKR28.9B respectively. Sapphire Fibres's EBIT is PKR8.6B making its interest coverage ratio 4.2. It has cash and short-term investments of PKR4.5B.
Key information
35.8%
Debt to equity ratio
PK₨18.42b
Debt
| Interest coverage ratio | 4.2x |
| Cash | PK₨4.50b |
| Equity | PK₨51.39b |
| Total liabilities | PK₨28.91b |
| Total assets | PK₨80.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SFL's short term assets (PKR46.9B) exceed its short term liabilities (PKR23.8B).
Long Term Liabilities: SFL's short term assets (PKR46.9B) exceed its long term liabilities (PKR5.1B).
Debt to Equity History and Analysis
Debt Level: SFL's net debt to equity ratio (27.1%) is considered satisfactory.
Reducing Debt: SFL's debt to equity ratio has reduced from 109.9% to 35.8% over the past 5 years.
Debt Coverage: SFL's debt is not well covered by operating cash flow (11.8%).
Interest Coverage: SFL's interest payments on its debt are well covered by EBIT (4.2x coverage).