National Foods Balance Sheet Health
Financial Health criteria checks 4/6
National Foods has a total shareholder equity of PKR14.1B and total debt of PKR11.1B, which brings its debt-to-equity ratio to 78.7%. Its total assets and total liabilities are PKR45.2B and PKR31.2B respectively. National Foods's EBIT is PKR6.1B making its interest coverage ratio 3.2. It has cash and short-term investments of PKR4.8B.
Key information
78.7%
Debt to equity ratio
PK₨11.07b
Debt
| Interest coverage ratio | 3.2x |
| Cash | PK₨4.83b |
| Equity | PK₨14.06b |
| Total liabilities | PK₨31.19b |
| Total assets | PK₨45.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NATF's short term assets (PKR24.4B) exceed its short term liabilities (PKR19.5B).
Long Term Liabilities: NATF's short term assets (PKR24.4B) exceed its long term liabilities (PKR11.7B).
Debt to Equity History and Analysis
Debt Level: NATF's net debt to equity ratio (44.3%) is considered high.
Reducing Debt: NATF's debt to equity ratio has increased from 62.5% to 78.7% over the past 5 years.
Debt Coverage: NATF's debt is well covered by operating cash flow (62.6%).
Interest Coverage: NATF's interest payments on its debt are well covered by EBIT (3.2x coverage).