First Prudential Modaraba Balance Sheet Health
Financial Health criteria checks 4/6
First Prudential Modaraba has a total shareholder equity of PKR731.2M and total debt of PKR150.0M, which brings its debt-to-equity ratio to 20.5%. Its total assets and total liabilities are PKR1.0B and PKR278.3M respectively. First Prudential Modaraba's EBIT is PKR122.5M making its interest coverage ratio 3.3. It has cash and short-term investments of PKR91.5M.
Key information
20.5%
Debt to equity ratio
PK₨150.00m
Debt
Interest coverage ratio | 3.3x |
Cash | PK₨91.46m |
Equity | PK₨731.22m |
Total liabilities | PK₨278.34m |
Total assets | PK₨1.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PMI's short term assets (PKR391.2M) exceed its short term liabilities (PKR256.5M).
Long Term Liabilities: PMI's short term assets (PKR391.2M) exceed its long term liabilities (PKR21.9M).
Debt to Equity History and Analysis
Debt Level: PMI's net debt to equity ratio (8%) is considered satisfactory.
Reducing Debt: PMI's debt to equity ratio has increased from 0% to 20.5% over the past 5 years.
Debt Coverage: PMI's debt is not well covered by operating cash flow (2.9%).
Interest Coverage: PMI's interest payments on its debt are well covered by EBIT (3.3x coverage).