Agritech Balance Sheet Health
Financial Health criteria checks 2/6
Agritech has a total shareholder equity of PKR12.9B and total debt of PKR26.8B, which brings its debt-to-equity ratio to 208.1%. Its total assets and total liabilities are PKR86.8B and PKR73.9B respectively. Agritech's EBIT is PKR5.4B making its interest coverage ratio 0.9. It has cash and short-term investments of PKR8.0B.
Key information
208.1%
Debt to equity ratio
PK₨26.85b
Debt
Interest coverage ratio | 0.9x |
Cash | PK₨7.98b |
Equity | PK₨12.90b |
Total liabilities | PK₨73.88b |
Total assets | PK₨86.78b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: AGLNCPS's short term assets (PKR16.2B) do not cover its short term liabilities (PKR40.3B).
Long Term Liabilities: AGLNCPS's short term assets (PKR16.2B) do not cover its long term liabilities (PKR33.6B).
Debt to Equity History and Analysis
Debt Level: AGLNCPS's net debt to equity ratio (146.3%) is considered high.
Reducing Debt: AGLNCPS had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: AGLNCPS's debt is well covered by operating cash flow (26.9%).
Interest Coverage: AGLNCPS's interest payments on its debt are not well covered by EBIT (0.9x coverage).