Al-Khair Gadoon Balance Sheet Health
Financial Health criteria checks 4/6
Al-Khair Gadoon has a total shareholder equity of PKR301.0M and total debt of PKR162.4M, which brings its debt-to-equity ratio to 53.9%. Its total assets and total liabilities are PKR720.0M and PKR419.0M respectively. Al-Khair Gadoon's EBIT is PKR50.1M making its interest coverage ratio 2.5. It has cash and short-term investments of PKR23.5M.
Key information
53.9%
Debt to equity ratio
PK₨162.39m
Debt
| Interest coverage ratio | 2.5x |
| Cash | PK₨23.52m |
| Equity | PK₨301.03m |
| Total liabilities | PK₨418.96m |
| Total assets | PK₨720.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AKGL's short term assets (PKR566.5M) exceed its short term liabilities (PKR383.9M).
Long Term Liabilities: AKGL's short term assets (PKR566.5M) exceed its long term liabilities (PKR35.0M).
Debt to Equity History and Analysis
Debt Level: AKGL's net debt to equity ratio (46.1%) is considered high.
Reducing Debt: AKGL's debt to equity ratio has reduced from 104.7% to 53.9% over the past 5 years.
Debt Coverage: AKGL's debt is well covered by operating cash flow (66.9%).
Interest Coverage: AKGL's interest payments on its debt are not well covered by EBIT (2.5x coverage).