Pakistan Reinsurance Balance Sheet Health
Financial Health criteria checks 6/6
Pakistan Reinsurance has a total shareholder equity of PKR18.1B and total debt of PKR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are PKR76.9B and PKR58.7B respectively. Pakistan Reinsurance's EBIT is PKR4.4B making its interest coverage ratio 1858.9. It has cash and short-term investments of PKR3.9B.
Key information
0%
Debt to equity ratio
PK₨0
Debt
| Interest coverage ratio | 1858.9x |
| Cash | PK₨3.86b |
| Equity | PK₨18.14b |
| Total liabilities | PK₨58.75b |
| Total assets | PK₨76.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PAKRI's short term assets (PKR54.0B) exceed its short term liabilities (PKR53.8B).
Long Term Liabilities: PAKRI's short term assets (PKR54.0B) exceed its long term liabilities (PKR4.9B).
Debt to Equity History and Analysis
Debt Level: PAKRI is debt free.
Reducing Debt: PAKRI has not had any debt for past 5 years.
Debt Coverage: PAKRI has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PAKRI has no debt, therefore coverage of interest payments is not a concern.