Pakistan Refinery Balance Sheet Health
Financial Health criteria checks 5/6
Pakistan Refinery has a total shareholder equity of PKR31.9B and total debt of PKR28.7B, which brings its debt-to-equity ratio to 90.2%. Its total assets and total liabilities are PKR121.6B and PKR89.8B respectively. Pakistan Refinery's EBIT is PKR13.2B making its interest coverage ratio 14.8. It has cash and short-term investments of PKR26.8B.
Key information
90.2%
Debt to equity ratio
PK₨28.75b
Debt
Interest coverage ratio | 14.8x |
Cash | PK₨26.77b |
Equity | PK₨31.87b |
Total liabilities | PK₨89.77b |
Total assets | PK₨121.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PRL's short term assets (PKR92.5B) exceed its short term liabilities (PKR84.8B).
Long Term Liabilities: PRL's short term assets (PKR92.5B) exceed its long term liabilities (PKR4.9B).
Debt to Equity History and Analysis
Debt Level: PRL's net debt to equity ratio (6.2%) is considered satisfactory.
Reducing Debt: PRL's debt to equity ratio has reduced from 1372.6% to 90.2% over the past 5 years.
Debt Coverage: PRL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PRL's interest payments on its debt are well covered by EBIT (14.8x coverage).