First Capital Securities Balance Sheet Health
Financial Health criteria checks 4/6
First Capital Securities has a total shareholder equity of PKR1.9B and total debt of PKR2.9B, which brings its debt-to-equity ratio to 154.7%. Its total assets and total liabilities are PKR7.7B and PKR5.8B respectively.
Key information
154.7%
Debt to equity ratio
PK₨2.91b
Debt
| Interest coverage ratio | n/a |
| Cash | PK₨835.15m |
| Equity | PK₨1.88b |
| Total liabilities | PK₨5.83b |
| Total assets | PK₨7.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FCSC's short term assets (PKR2.2B) do not cover its short term liabilities (PKR5.2B).
Long Term Liabilities: FCSC's short term assets (PKR2.2B) exceed its long term liabilities (PKR675.8M).
Debt to Equity History and Analysis
Debt Level: FCSC's net debt to equity ratio (110.3%) is considered high.
Reducing Debt: FCSC's debt to equity ratio has reduced from 187% to 154.7% over the past 5 years.
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 FCSC has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: FCSC is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 5.2% per year.