First Prudential Modaraba Balance Sheet Health
Financial Health criteria checks 4/6
First Prudential Modaraba has a total shareholder equity of PKR760.4M and total debt of PKR150.0M, which brings its debt-to-equity ratio to 19.7%. Its total assets and total liabilities are PKR1.0B and PKR266.6M respectively. First Prudential Modaraba's EBIT is PKR93.1M making its interest coverage ratio 2.6. It has cash and short-term investments of PKR317.7M.
Key information
19.7%
Debt to equity ratio
PK₨150.00m
Debt
| Interest coverage ratio | 2.6x |
| Cash | PK₨317.73m |
| Equity | PK₨760.41m |
| Total liabilities | PK₨266.55m |
| Total assets | PK₨1.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PMI's short term assets (PKR520.0M) exceed its short term liabilities (PKR257.9M).
Long Term Liabilities: PMI's short term assets (PKR520.0M) exceed its long term liabilities (PKR8.7M).
Debt to Equity History and Analysis
Debt Level: PMI has more cash than its total debt.
Reducing Debt: PMI's debt to equity ratio has increased from 0% to 19.7% over the past 5 years.
Debt Coverage: PMI's debt is well covered by operating cash flow (175.6%).
Interest Coverage: PMI's interest payments on its debt are not well covered by EBIT (2.6x coverage).