Askari Life Assurance Balance Sheet Health
Financial Health criteria checks 5/6
Askari Life Assurance has a total shareholder equity of PKR343.0M and total debt of PKR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are PKR2.1B and PKR1.8B respectively.
Key information
0%
Debt to equity ratio
PK₨0
Debt
Interest coverage ratio | n/a |
Cash | PK₨207.17m |
Equity | PK₨343.05m |
Total liabilities | PK₨1.77b |
Total assets | PK₨2.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALAC's short term assets (PKR293.2M) exceed its short term liabilities (PKR262.4M).
Long Term Liabilities: ALAC's short term assets (PKR293.2M) do not cover its long term liabilities (PKR1.5B).
Debt to Equity History and Analysis
Debt Level: ALAC is debt free.
Reducing Debt: ALAC has not had any debt for past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: ALAC has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: ALAC has sufficient cash runway for 2.3 years if free cash flow continues to grow at historical rates of 17.9% each year.