TPL Insurance Balance Sheet Health
Financial Health criteria checks 6/6
TPL Insurance has a total shareholder equity of PKR2.6B and total debt of PKR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are PKR7.3B and PKR4.7B respectively. TPL Insurance's EBIT is PKR94.5M making its interest coverage ratio 4.8. It has cash and short-term investments of PKR3.5B.
Key information
0%
Debt to equity ratio
PK₨0
Debt
Interest coverage ratio | 4.8x |
Cash | PK₨3.48b |
Equity | PK₨2.64b |
Total liabilities | PK₨4.67b |
Total assets | PK₨7.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TPLI's short term assets (PKR5.7B) exceed its short term liabilities (PKR4.2B).
Long Term Liabilities: TPLI's short term assets (PKR5.7B) exceed its long term liabilities (PKR508.1M).
Debt to Equity History and Analysis
Debt Level: TPLI is debt free.
Reducing Debt: TPLI had no debt 5 years ago.
Debt Coverage: TPLI has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TPLI has no debt, therefore coverage of interest payments is not a concern.