IGI Holdings Balance Sheet Health
Financial Health criteria checks 5/6
IGI Holdings has a total shareholder equity of PKR63.9B and total debt of PKR2.9B, which brings its debt-to-equity ratio to 4.5%. Its total assets and total liabilities are PKR114.4B and PKR50.5B respectively. IGI Holdings's EBIT is PKR3.3B making its interest coverage ratio 5.8. It has cash and short-term investments of PKR13.5B.
Key information
4.5%
Debt to equity ratio
PK₨2.90b
Debt
| Interest coverage ratio | 5.8x |
| Cash | PK₨13.46b |
| Equity | PK₨63.87b |
| Total liabilities | PK₨50.49b |
| Total assets | PK₨114.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IGIHL's short term assets (PKR24.3B) exceed its short term liabilities (PKR22.1B).
Long Term Liabilities: IGIHL's short term assets (PKR24.3B) do not cover its long term liabilities (PKR28.4B).
Debt to Equity History and Analysis
Debt Level: IGIHL has more cash than its total debt.
Reducing Debt: IGIHL's debt to equity ratio has reduced from 7.2% to 4.5% over the past 5 years.
Debt Coverage: IGIHL's debt is well covered by operating cash flow (159.5%).
Interest Coverage: IGIHL's interest payments on its debt are well covered by EBIT (5.8x coverage).