Matco Foods Balance Sheet Health
Financial Health criteria checks 2/6
Matco Foods has a total shareholder equity of PKR10.2B and total debt of PKR12.9B, which brings its debt-to-equity ratio to 126.8%. Its total assets and total liabilities are PKR27.3B and PKR17.2B respectively. Matco Foods's EBIT is PKR1.9B making its interest coverage ratio 0.8. It has cash and short-term investments of PKR242.5M.
Key information
126.8%
Debt to equity ratio
PK₨12.91b
Debt
| Interest coverage ratio | 0.8x |
| Cash | PK₨242.48m |
| Equity | PK₨10.18b |
| Total liabilities | PK₨17.16b |
| Total assets | PK₨27.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MFL's short term assets (PKR15.8B) exceed its short term liabilities (PKR14.7B).
Long Term Liabilities: MFL's short term assets (PKR15.8B) exceed its long term liabilities (PKR2.5B).
Debt to Equity History and Analysis
Debt Level: MFL's net debt to equity ratio (124.4%) is considered high.
Reducing Debt: MFL's debt to equity ratio has increased from 98.7% to 126.8% over the past 5 years.
Debt Coverage: MFL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MFL's interest payments on its debt are not well covered by EBIT (0.8x coverage).