First Punjab Modaraba Balance Sheet Health
Financial Health criteria checks 0/6
First Punjab Modaraba has a total shareholder equity of PKR-11.2M and total debt of PKR1.8B, which brings its debt-to-equity ratio to -16308.6%. Its total assets and total liabilities are PKR2.1B and PKR2.1B respectively. First Punjab Modaraba's EBIT is PKR174.2M making its interest coverage ratio 0.6. It has cash and short-term investments of PKR811.9M.
Key information
-16,308.6%
Debt to equity ratio
PK₨1.83b
Debt
| Interest coverage ratio | 0.6x |
| Cash | PK₨811.86m |
| Equity | -PK₨11.19m |
| Total liabilities | PK₨2.08b |
| Total assets | PK₨2.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FPJM has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: FPJM has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: FPJM has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: FPJM's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: FPJM's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: FPJM's interest payments on its debt are not well covered by EBIT (0.6x coverage).