Service Industries Balance Sheet Health
Financial Health criteria checks 2/6
Service Industries has a total shareholder equity of PKR21.9B and total debt of PKR42.1B, which brings its debt-to-equity ratio to 192.3%. Its total assets and total liabilities are PKR86.5B and PKR64.6B respectively. Service Industries's EBIT is PKR14.7B making its interest coverage ratio 2. It has cash and short-term investments of PKR4.0B.
Key information
192.3%
Debt to equity ratio
PK₨42.13b
Debt
Interest coverage ratio | 2x |
Cash | PK₨3.95b |
Equity | PK₨21.91b |
Total liabilities | PK₨64.62b |
Total assets | PK₨86.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SRVI's short term assets (PKR44.5B) exceed its short term liabilities (PKR42.6B).
Long Term Liabilities: SRVI's short term assets (PKR44.5B) exceed its long term liabilities (PKR22.1B).
Debt to Equity History and Analysis
Debt Level: SRVI's net debt to equity ratio (174.2%) is considered high.
Reducing Debt: SRVI's debt to equity ratio has increased from 173.9% to 192.3% over the past 5 years.
Debt Coverage: SRVI's debt is not well covered by operating cash flow (14.7%).
Interest Coverage: SRVI's interest payments on its debt are not well covered by EBIT (2x coverage).