Service Industries Balance Sheet Health
Financial Health criteria checks 2/6
Service Industries has a total shareholder equity of PKR24.2B and total debt of PKR47.9B, which brings its debt-to-equity ratio to 197.9%. Its total assets and total liabilities are PKR98.3B and PKR74.1B respectively. Service Industries's EBIT is PKR18.1B making its interest coverage ratio 2.5. It has cash and short-term investments of PKR4.0B.
Key information
197.9%
Debt to equity ratio
PK₨47.88b
Debt
| Interest coverage ratio | 2.5x |
| Cash | PK₨3.99b |
| Equity | PK₨24.20b |
| Total liabilities | PK₨74.14b |
| Total assets | PK₨98.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SRVI's short term assets (PKR52.6B) exceed its short term liabilities (PKR50.7B).
Long Term Liabilities: SRVI's short term assets (PKR52.6B) exceed its long term liabilities (PKR23.5B).
Debt to Equity History and Analysis
Debt Level: SRVI's net debt to equity ratio (181.4%) is considered high.
Reducing Debt: SRVI's debt to equity ratio has increased from 162.1% to 197.9% over the past 5 years.
Debt Coverage: SRVI's debt is not well covered by operating cash flow (12.1%).
Interest Coverage: SRVI's interest payments on its debt are not well covered by EBIT (2.5x coverage).