Agritech Balance Sheet Health
Financial Health criteria checks 2/6
Agritech has a total shareholder equity of PKR13.1B and total debt of PKR26.7B, which brings its debt-to-equity ratio to 204.4%. Its total assets and total liabilities are PKR84.7B and PKR71.7B respectively. Agritech's EBIT is PKR3.1B making its interest coverage ratio 0.5. It has cash and short-term investments of PKR6.0B.
Key information
204.4%
Debt to equity ratio
PK₨26.72b
Debt
| Interest coverage ratio | 0.5x |
| Cash | PK₨6.05b |
| Equity | PK₨13.07b |
| Total liabilities | PK₨71.65b |
| Total assets | PK₨84.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AGL's short term assets (PKR13.7B) do not cover its short term liabilities (PKR38.0B).
Long Term Liabilities: AGL's short term assets (PKR13.7B) do not cover its long term liabilities (PKR33.6B).
Debt to Equity History and Analysis
Debt Level: AGL's net debt to equity ratio (158.1%) is considered high.
Reducing Debt: AGL had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: AGL's debt is well covered by operating cash flow (21.3%).
Interest Coverage: AGL's interest payments on its debt are not well covered by EBIT (0.5x coverage).