Shield Balance Sheet Health
Financial Health criteria checks 1/6
Shield has a total shareholder equity of PKR738.8M and total debt of PKR1.4B, which brings its debt-to-equity ratio to 194.7%. Its total assets and total liabilities are PKR3.2B and PKR2.5B respectively. Shield's EBIT is PKR497.2M making its interest coverage ratio 1.8. It has cash and short-term investments of PKR4.6M.
Key information
194.7%
Debt to equity ratio
PK₨1.44b
Debt
Interest coverage ratio | 1.8x |
Cash | PK₨4.65m |
Equity | PK₨738.79m |
Total liabilities | PK₨2.45b |
Total assets | PK₨3.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SCL's short term assets (PKR1.6B) do not cover its short term liabilities (PKR1.9B).
Long Term Liabilities: SCL's short term assets (PKR1.6B) exceed its long term liabilities (PKR538.2M).
Debt to Equity History and Analysis
Debt Level: SCL's net debt to equity ratio (194.1%) is considered high.
Reducing Debt: SCL's debt to equity ratio has increased from 101.2% to 194.7% over the past 5 years.
Debt Coverage: SCL's debt is not well covered by operating cash flow (7.4%).
Interest Coverage: SCL's interest payments on its debt are not well covered by EBIT (1.8x coverage).