Mari Petroleum Balance Sheet Health
Financial Health criteria checks 5/6
Mari Petroleum has a total shareholder equity of PKR226.2B and total debt of PKR832.0M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are PKR355.8B and PKR129.6B respectively. Mari Petroleum's EBIT is PKR97.6B making its interest coverage ratio -9.3. It has cash and short-term investments of PKR78.2B.
Key information
0.4%
Debt to equity ratio
PK₨831.99m
Debt
| Interest coverage ratio | -9.3x |
| Cash | PK₨78.24b |
| Equity | PK₨226.20b |
| Total liabilities | PK₨129.55b |
| Total assets | PK₨355.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MARI's short term assets (PKR178.0B) exceed its short term liabilities (PKR64.0B).
Long Term Liabilities: MARI's short term assets (PKR178.0B) exceed its long term liabilities (PKR65.5B).
Debt to Equity History and Analysis
Debt Level: MARI has more cash than its total debt.
Reducing Debt: MARI's debt to equity ratio has increased from 0.2% to 0.4% over the past 5 years.
Debt Coverage: MARI's debt is well covered by operating cash flow (11919.5%).
Interest Coverage: MARI earns more interest than it pays, so coverage of interest payments is not a concern.