Waves Balance Sheet Health
Financial Health criteria checks 2/6
Waves has a total shareholder equity of PKR10.8B and total debt of PKR5.9B, which brings its debt-to-equity ratio to 54.8%. Its total assets and total liabilities are PKR21.1B and PKR10.3B respectively.
Key information
54.8%
Debt to equity ratio
PK₨5.91b
Debt
Interest coverage ratio | n/a |
Cash | PK₨128.35m |
Equity | PK₨10.80b |
Total liabilities | PK₨10.30b |
Total assets | PK₨21.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WAVES's short term assets (PKR7.8B) do not cover its short term liabilities (PKR8.7B).
Long Term Liabilities: WAVES's short term assets (PKR7.8B) exceed its long term liabilities (PKR1.6B).
Debt to Equity History and Analysis
Debt Level: WAVES's net debt to equity ratio (53.6%) is considered high.
Reducing Debt: WAVES's debt to equity ratio has increased from 41.9% to 54.8% over the past 5 years.
Debt Coverage: WAVES's debt is well covered by operating cash flow (55.9%).
Interest Coverage: Insufficient data to determine if WAVES's interest payments on its debt are well covered by EBIT.