Service Global Footwear Balance Sheet Health
Financial Health criteria checks 3/6
Service Global Footwear has a total shareholder equity of PKR6.5B and total debt of PKR8.6B, which brings its debt-to-equity ratio to 133.3%. Its total assets and total liabilities are PKR19.0B and PKR12.5B respectively. Service Global Footwear's EBIT is PKR1.4B making its interest coverage ratio 3.6. It has cash and short-term investments of PKR3.0B.
Key information
133.3%
Debt to equity ratio
PK₨8.64b
Debt
| Interest coverage ratio | 3.6x |
| Cash | PK₨2.95b |
| Equity | PK₨6.49b |
| Total liabilities | PK₨12.49b |
| Total assets | PK₨18.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SGF's short term assets (PKR12.4B) exceed its short term liabilities (PKR11.9B).
Long Term Liabilities: SGF's short term assets (PKR12.4B) exceed its long term liabilities (PKR593.8M).
Debt to Equity History and Analysis
Debt Level: SGF's net debt to equity ratio (87.8%) is considered high.
Reducing Debt: Insufficient data to determine if SGF's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SGF's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SGF's interest payments on its debt are well covered by EBIT (3.6x coverage).