PICIC Insurance Balance Sheet Health
Financial Health criteria checks 3/6
PICIC Insurance has a total shareholder equity of PKR-14.4M and total debt of PKR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are PKR97.1M and PKR111.4M respectively.
Key information
0%
Debt to equity ratio
PK₨0
Debt
| Interest coverage ratio | n/a |
| Cash | PK₨1.20m |
| Equity | -PK₨14.36m |
| Total liabilities | PK₨111.42m |
| Total assets | PK₨97.06m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PIL has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: PIL has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: PIL is debt free.
Reducing Debt: PIL's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: PIL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PIL has no debt, therefore coverage of interest payments is not a concern.