PICIC Insurance Limited

KASE:PIL Stock Report

Market Cap: PK₨70.0m

PICIC Insurance Balance Sheet Health

Financial Health criteria checks 3/6

PICIC Insurance has a total shareholder equity of PKR-12.4M and total debt of PKR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are PKR101.7M and PKR114.0M respectively.

Key information

0%

Debt to equity ratio

PK₨0

Debt

Interest coverage ration/a
CashPK₨6.00k
Equity-PK₨12.35m
Total liabilitiesPK₨114.03m
Total assetsPK₨101.67m

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.


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: Whilst unprofitable PIL has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: PIL is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 11.2% per year.


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