Leiner Pak Gelatine Balance Sheet Health
Financial Health criteria checks 3/6
Leiner Pak Gelatine has a total shareholder equity of PKR885.8M and total debt of PKR485.7M, which brings its debt-to-equity ratio to 54.8%. Its total assets and total liabilities are PKR1.9B and PKR1.0B respectively. Leiner Pak Gelatine's EBIT is PKR201.9M making its interest coverage ratio 2.5. It has cash and short-term investments of PKR2.5M.
Key information
54.8%
Debt to equity ratio
PK₨485.70m
Debt
| Interest coverage ratio | 2.5x |
| Cash | PK₨2.48m |
| Equity | PK₨885.81m |
| Total liabilities | PK₨1.02b |
| Total assets | PK₨1.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LPGL's short term assets (PKR1.2B) exceed its short term liabilities (PKR1.0B).
Long Term Liabilities: LPGL's short term assets (PKR1.2B) exceed its long term liabilities (PKR21.9M).
Debt to Equity History and Analysis
Debt Level: LPGL's net debt to equity ratio (54.6%) is considered high.
Reducing Debt: LPGL's debt to equity ratio has reduced from 72.3% to 54.8% 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 not well covered by EBIT (2.5x coverage).