Agha Steel Industries Balance Sheet Health
Financial Health criteria checks 3/6
Agha Steel Industries has a total shareholder equity of PKR17.1B and total debt of PKR21.8B, which brings its debt-to-equity ratio to 127.7%. Its total assets and total liabilities are PKR41.8B and PKR24.7B respectively. Agha Steel Industries's EBIT is PKR3.7B making its interest coverage ratio 1. It has cash and short-term investments of PKR245.9M.
Key information
127.7%
Debt to equity ratio
PK₨21.84b
Debt
Interest coverage ratio | 1x |
Cash | PK₨245.88m |
Equity | PK₨17.10b |
Total liabilities | PK₨24.70b |
Total assets | PK₨41.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AGHA's short term assets (PKR19.4B) exceed its short term liabilities (PKR16.8B).
Long Term Liabilities: AGHA's short term assets (PKR19.4B) exceed its long term liabilities (PKR7.9B).
Debt to Equity History and Analysis
Debt Level: AGHA's net debt to equity ratio (126.3%) is considered high.
Reducing Debt: AGHA's debt to equity ratio has reduced from 243.4% to 127.7% over the past 5 years.
Debt Coverage: AGHA's debt is not well covered by operating cash flow (7.5%).
Interest Coverage: AGHA's interest payments on its debt are not well covered by EBIT (1x coverage).