Leiner Pak Gelatine Balance Sheet Health
Financial Health criteria checks 5/6
Leiner Pak Gelatine has a total shareholder equity of PKR844.3M and total debt of PKR338.1M, which brings its debt-to-equity ratio to 40%. Its total assets and total liabilities are PKR2.2B and PKR1.4B respectively. Leiner Pak Gelatine's EBIT is PKR259.1M making its interest coverage ratio 3.5. It has cash and short-term investments of PKR2.0M.
Key information
40.0%
Debt to equity ratio
PK₨338.10m
Debt
Interest coverage ratio | 3.5x |
Cash | PK₨1.98m |
Equity | PK₨844.33m |
Total liabilities | PK₨1.36b |
Total assets | PK₨2.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LPGL's short term assets (PKR1.4B) exceed its short term liabilities (PKR1.3B).
Long Term Liabilities: LPGL's short term assets (PKR1.4B) exceed its long term liabilities (PKR19.1M).
Debt to Equity History and Analysis
Debt Level: LPGL's net debt to equity ratio (39.8%) is considered satisfactory.
Reducing Debt: LPGL's debt to equity ratio has reduced from 69.7% to 40% over the past 5 years.
Debt Coverage: LPGL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: LPGL's interest payments on its debt are well covered by EBIT (3.5x coverage).