Trust Securities & Brokerage Balance Sheet Health

Financial Health criteria checks 3/6

Trust Securities & Brokerage has a total shareholder equity of PKR363.5M and total debt of PKR53.4M, which brings its debt-to-equity ratio to 14.7%. Its total assets and total liabilities are PKR681.2M and PKR317.7M respectively.

Key information

14.7%

Debt to equity ratio

PK₨53.37m

Debt

Interest coverage ratio	n/a
Cash	PK₨38.34m
Equity	PK₨363.48m
Total liabilities	PK₨317.74m
Total assets	PK₨681.22m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: TSBL's short term assets (PKR604.2M) exceed its short term liabilities (PKR311.2M).

Long Term Liabilities: TSBL's short term assets (PKR604.2M) exceed its long term liabilities (PKR6.6M).

Debt to Equity History and Analysis

Debt Level: TSBL's net debt to equity ratio (4.1%) is considered satisfactory.

Reducing Debt: TSBL's debt to equity ratio has increased from 4.8% to 14.7% over the past 5 years.

Debt Coverage: TSBL's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if TSBL's interest payments on its debt are well covered by EBIT.

Trust Securities & Brokerage Balance Sheet Health

Financial Health criteria checks 3/6

Key information

Recent financial health updates

Recent updates

Third quarter 2024 earnings released: EPS: PK₨0.45 (vs PK₨0.23 loss in 3Q 2023)

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Investor sentiment improves as stock rises 20%

Investor sentiment deteriorates as stock falls 16%

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Second quarter 2023 earnings released: EPS: PK₨0.11 (vs PK₨0.08 loss in 2Q 2022)

Less than half of directors are independent

Less than half of directors are independent

Full year 2022 earnings released

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Investor sentiment improved over the past week

Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Investor sentiment improved over the past week

Less than half of directors are independent

First quarter 2022 earnings released: EPS PK₨0.01 (vs PK₨0.88 in 1Q 2021)

Investor sentiment deteriorated over the past week

Full year 2021 earnings released: EPS PK₨2.93 (vs PK₨1.16 in FY 2020)

Less than half of directors are independent

Third quarter 2021 earnings released: EPS PK₨0.68 (vs PK₨0.06 in 3Q 2020)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

New 90-day high: PK₨12.98

Investor sentiment improved over the past week

Trust Securities and Brokerage Limited Announces Change of Chief Executive Officer

Investor sentiment improved over the past week

Market pulls back on stock over the past week

Market pulls back on stock over the past week

Market bids up stock over the past week

New 90-day low: PK₨9.99

New 90-day high - PK₨12.25

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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