Mari Petroleum Balance Sheet Health
Financial Health criteria checks 5/6
Mari Petroleum has a total shareholder equity of PKR199.2B and total debt of PKR763.4M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are PKR321.6B and PKR122.4B respectively. Mari Petroleum's EBIT is PKR96.3B making its interest coverage ratio -26.3. It has cash and short-term investments of PKR61.4B.
Key information
0.4%
Debt to equity ratio
PK₨763.43m
Debt
| Interest coverage ratio | -26.3x |
| Cash | PK₨61.35b |
| Equity | PK₨199.23b |
| Total liabilities | PK₨122.41b |
| Total assets | PK₨321.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MARI's short term assets (PKR168.0B) exceed its short term liabilities (PKR94.9B).
Long Term Liabilities: MARI's short term assets (PKR168.0B) exceed its long term liabilities (PKR27.5B).
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 (12088%).
Interest Coverage: MARI earns more interest than it pays, so coverage of interest payments is not a concern.