National Foods Balance Sheet Health
Financial Health criteria checks 3/6
National Foods has a total shareholder equity of PKR14.8B and total debt of PKR10.0B, which brings its debt-to-equity ratio to 67.8%. Its total assets and total liabilities are PKR43.2B and PKR28.4B respectively. National Foods's EBIT is PKR6.2B making its interest coverage ratio 2.8. It has cash and short-term investments of PKR1.8B.
Key information
67.8%
Debt to equity ratio
PK₨10.03b
Debt
| Interest coverage ratio | 2.8x |
| Cash | PK₨1.82b |
| Equity | PK₨14.79b |
| Total liabilities | PK₨28.38b |
| Total assets | PK₨43.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NATF's short term assets (PKR22.6B) exceed its short term liabilities (PKR17.3B).
Long Term Liabilities: NATF's short term assets (PKR22.6B) exceed its long term liabilities (PKR11.1B).
Debt to Equity History and Analysis
Debt Level: NATF's net debt to equity ratio (55.5%) is considered high.
Reducing Debt: NATF's debt to equity ratio has increased from 53% to 67.8% over the past 5 years.
Debt Coverage: NATF's debt is well covered by operating cash flow (78.1%).
Interest Coverage: NATF's interest payments on its debt are not well covered by EBIT (2.8x coverage).