Agritech Balance Sheet Health
Financial Health criteria checks 1/6
Agritech has a total shareholder equity of PKR11.3B and total debt of PKR26.5B, which brings its debt-to-equity ratio to 234.5%. Its total assets and total liabilities are PKR86.0B and PKR74.7B respectively. Agritech's EBIT is PKR4.6B making its interest coverage ratio 0.7. It has cash and short-term investments of PKR2.4B.
Key information
234.5%
Debt to equity ratio
PK₨26.52b
Debt
| Interest coverage ratio | 0.7x |
| Cash | PK₨2.35b |
| Equity | PK₨11.31b |
| Total liabilities | PK₨74.74b |
| Total assets | PK₨86.05b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: AGLNCPS's short term assets (PKR16.1B) do not cover its short term liabilities (PKR41.2B).
Long Term Liabilities: AGLNCPS's short term assets (PKR16.1B) do not cover its long term liabilities (PKR33.5B).
Debt to Equity History and Analysis
Debt Level: AGLNCPS's net debt to equity ratio (213.7%) 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 operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AGLNCPS's interest payments on its debt are not well covered by EBIT (0.7x coverage).