Pakistan Services Balance Sheet Health
Financial Health criteria checks 3/6
Pakistan Services has a total shareholder equity of PKR44.4B and total debt of PKR10.9B, which brings its debt-to-equity ratio to 24.7%. Its total assets and total liabilities are PKR62.2B and PKR17.8B respectively. Pakistan Services's EBIT is PKR2.0B making its interest coverage ratio 0.9. It has cash and short-term investments of PKR1.2B.
Key information
24.7%
Debt to equity ratio
PK₨10.94b
Debt
| Interest coverage ratio | 0.9x |
| Cash | PK₨1.24b |
| Equity | PK₨44.36b |
| Total liabilities | PK₨17.80b |
| Total assets | PK₨62.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PSEL's short term assets (PKR4.7B) do not cover its short term liabilities (PKR15.2B).
Long Term Liabilities: PSEL's short term assets (PKR4.7B) exceed its long term liabilities (PKR2.6B).
Debt to Equity History and Analysis
Debt Level: PSEL's net debt to equity ratio (21.9%) is considered satisfactory.
Reducing Debt: PSEL's debt to equity ratio has reduced from 46% to 24.7% over the past 5 years.
Debt Coverage: PSEL's debt is not well covered by operating cash flow (11.8%).
Interest Coverage: PSEL's interest payments on its debt are not well covered by EBIT (0.9x coverage).