Cnergyico PK Balance Sheet Health
Financial Health criteria checks 4/6
Cnergyico PK has a total shareholder equity of PKR185.7B and total debt of PKR46.0B, which brings its debt-to-equity ratio to 24.8%. Its total assets and total liabilities are PKR395.5B and PKR209.8B respectively. Cnergyico PK's EBIT is PKR5.0B making its interest coverage ratio 0.7. It has cash and short-term investments of PKR2.2B.
Key information
24.8%
Debt to equity ratio
PK₨46.05b
Debt
| Interest coverage ratio | 0.7x |
| Cash | PK₨2.20b |
| Equity | PK₨185.73b |
| Total liabilities | PK₨209.79b |
| Total assets | PK₨395.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CNERGY's short term assets (PKR65.7B) do not cover its short term liabilities (PKR103.2B).
Long Term Liabilities: CNERGY's short term assets (PKR65.7B) do not cover its long term liabilities (PKR106.6B).
Debt to Equity History and Analysis
Debt Level: CNERGY's net debt to equity ratio (23.6%) is considered satisfactory.
Reducing Debt: CNERGY's debt to equity ratio has reduced from 89.3% to 24.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable CNERGY has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CNERGY is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 6.5% per year.