Waves Homes Appliance Balance Sheet Health
Financial Health criteria checks 5/6
Waves Homes Appliance has a total shareholder equity of PKR7.4B and total debt of PKR4.0B, which brings its debt-to-equity ratio to 54.4%. Its total assets and total liabilities are PKR15.5B and PKR8.1B respectively. Waves Homes Appliance's EBIT is PKR361.4M making its interest coverage ratio 0.9. It has cash and short-term investments of PKR5.8M.
Key information
54.4%
Debt to equity ratio
PK₨4.02b
Debt
Interest coverage ratio | 0.9x |
Cash | PK₨5.78m |
Equity | PK₨7.40b |
Total liabilities | PK₨8.09b |
Total assets | PK₨15.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WAVESAPP's short term assets (PKR5.9B) exceed its short term liabilities (PKR4.7B).
Long Term Liabilities: WAVESAPP's short term assets (PKR5.9B) exceed its long term liabilities (PKR3.3B).
Debt to Equity History and Analysis
Debt Level: WAVESAPP's net debt to equity ratio (54.3%) is considered high.
Reducing Debt: WAVESAPP had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable WAVESAPP has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: WAVESAPP is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 60.8% per year.