Agha Steel Industries Balance Sheet Health
Financial Health criteria checks 2/6
Agha Steel Industries has a total shareholder equity of PKR28.9B and total debt of PKR23.2B, which brings its debt-to-equity ratio to 80.5%. Its total assets and total liabilities are PKR60.0B and PKR31.1B respectively.
Key information
80.5%
Debt to equity ratio
PK₨23.25b
Debt
| Interest coverage ratio | n/a |
| Cash | PK₨239.13m |
| Equity | PK₨28.89b |
| Total liabilities | PK₨31.10b |
| Total assets | PK₨59.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AGHA's short term assets (PKR14.0B) do not cover its short term liabilities (PKR27.0B).
Long Term Liabilities: AGHA's short term assets (PKR14.0B) exceed its long term liabilities (PKR4.1B).
Debt to Equity History and Analysis
Debt Level: AGHA's net debt to equity ratio (79.7%) is considered high.
Reducing Debt: AGHA's debt to equity ratio has reduced from 251.1% to 80.5% over the past 5 years.
Debt Coverage: AGHA's debt is not well covered by operating cash flow (5.1%).
Interest Coverage: Insufficient data to determine if AGHA's interest payments on its debt are well covered by EBIT.