Al-Khair Gadoon Balance Sheet Health
Financial Health criteria checks 3/6
Al-Khair Gadoon has a total shareholder equity of PKR322.3M and total debt of PKR279.6M, which brings its debt-to-equity ratio to 86.8%. Its total assets and total liabilities are PKR647.6M and PKR325.4M respectively. Al-Khair Gadoon's EBIT is PKR55.0M making its interest coverage ratio 3. It has cash and short-term investments of PKR28.9M.
Key information
86.8%
Debt to equity ratio
PK₨279.62m
Debt
| Interest coverage ratio | 3x |
| Cash | PK₨28.89m |
| Equity | PK₨322.25m |
| Total liabilities | PK₨325.37m |
| Total assets | PK₨647.62m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AKGL's short term assets (PKR485.0M) exceed its short term liabilities (PKR295.0M).
Long Term Liabilities: AKGL's short term assets (PKR485.0M) exceed its long term liabilities (PKR30.3M).
Debt to Equity History and Analysis
Debt Level: AKGL's net debt to equity ratio (77.8%) is considered high.
Reducing Debt: AKGL's debt to equity ratio has increased from 75.8% to 86.8% over the past 5 years.
Debt Coverage: AKGL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AKGL's interest payments on its debt are well covered by EBIT (3x coverage).