First National Equities Balance Sheet Health
Financial Health criteria checks 4/6
First National Equities has a total shareholder equity of PKR1.2B and total debt of PKR390.8M, which brings its debt-to-equity ratio to 33.4%. Its total assets and total liabilities are PKR1.9B and PKR749.0M respectively.
Key information
33.4%
Debt to equity ratio
PK₨390.78m
Debt
Interest coverage ratio | n/a |
Cash | PK₨298.70m |
Equity | PK₨1.17b |
Total liabilities | PK₨748.96m |
Total assets | PK₨1.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FNEL's short term assets (PKR629.2M) exceed its short term liabilities (PKR372.4M).
Long Term Liabilities: FNEL's short term assets (PKR629.2M) exceed its long term liabilities (PKR376.6M).
Debt to Equity History and Analysis
Debt Level: FNEL's net debt to equity ratio (7.9%) is considered satisfactory.
Reducing Debt: FNEL's debt to equity ratio has reduced from 109.1% to 33.4% over the past 5 years.
Debt Coverage: FNEL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if FNEL's interest payments on its debt are well covered by EBIT.