National Refinery Balance Sheet Health
Financial Health criteria checks 1/6
National Refinery has a total shareholder equity of PKR12.0B and total debt of PKR45.5B, which brings its debt-to-equity ratio to 379.6%. Its total assets and total liabilities are PKR99.1B and PKR87.1B respectively.
Key information
379.6%
Debt to equity ratio
PK₨45.48b
Debt
| Interest coverage ratio | n/a |
| Cash | PK₨894.98m |
| Equity | PK₨11.98b |
| Total liabilities | PK₨87.11b |
| Total assets | PK₨99.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NRL's short term assets (PKR61.6B) do not cover its short term liabilities (PKR86.4B).
Long Term Liabilities: NRL's short term assets (PKR61.6B) exceed its long term liabilities (PKR720.9M).
Debt to Equity History and Analysis
Debt Level: NRL's net debt to equity ratio (372.1%) is considered high.
Reducing Debt: NRL's debt to equity ratio has increased from 52.6% to 379.6% over the past 5 years.
Debt Coverage: NRL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if NRL's interest payments on its debt are well covered by EBIT.