National Foods Balance Sheet Health
Financial Health criteria checks 4/6
National Foods has a total shareholder equity of PKR13.8B and total debt of PKR12.4B, which brings its debt-to-equity ratio to 89.7%. Its total assets and total liabilities are PKR44.1B and PKR30.3B respectively. National Foods's EBIT is PKR5.9B making its interest coverage ratio 3.5. It has cash and short-term investments of PKR2.9B.
Key information
89.7%
Debt to equity ratio
PK₨12.38b
Debt
Interest coverage ratio | 3.5x |
Cash | PK₨2.88b |
Equity | PK₨13.80b |
Total liabilities | PK₨30.34b |
Total assets | PK₨44.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NATF's short term assets (PKR23.4B) exceed its short term liabilities (PKR18.0B).
Long Term Liabilities: NATF's short term assets (PKR23.4B) exceed its long term liabilities (PKR12.4B).
Debt to Equity History and Analysis
Debt Level: NATF's net debt to equity ratio (68.8%) is considered high.
Reducing Debt: NATF's debt to equity ratio has increased from 83.1% to 89.7% over the past 5 years.
Debt Coverage: NATF's debt is well covered by operating cash flow (25.2%).
Interest Coverage: NATF's interest payments on its debt are well covered by EBIT (3.5x coverage).