First Elite Capital Modaraba Balance Sheet Health
Financial Health criteria checks 5/6
First Elite Capital Modaraba has a total shareholder equity of PKR95.5M and total debt of PKR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are PKR170.6M and PKR75.1M respectively.
Key information
0%
Debt to equity ratio
PK₨0
Debt
Interest coverage ratio | n/a |
Cash | PK₨37.78m |
Equity | PK₨95.51m |
Total liabilities | PK₨75.07m |
Total assets | PK₨170.58m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FECM's short term assets (PKR44.8M) exceed its short term liabilities (PKR12.6M).
Long Term Liabilities: FECM's short term assets (PKR44.8M) do not cover its long term liabilities (PKR62.5M).
Debt to Equity History and Analysis
Debt Level: FECM is debt free.
Reducing Debt: FECM has not had any debt for past 5 years.
Debt Coverage: FECM has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: FECM has no debt, therefore coverage of interest payments is not a concern.