Amreli Steels Balance Sheet Health
Financial Health criteria checks 1/6
Amreli Steels has a total shareholder equity of PKR13.1B and total debt of PKR21.0B, which brings its debt-to-equity ratio to 160%. Its total assets and total liabilities are PKR40.2B and PKR27.1B respectively. Amreli Steels's EBIT is PKR2.6B making its interest coverage ratio 0.6. It has cash and short-term investments of PKR235.8M.
Key information
160.0%
Debt to equity ratio
PK₨21.02b
Debt
Interest coverage ratio | 0.6x |
Cash | PK₨235.82m |
Equity | PK₨13.14b |
Total liabilities | PK₨27.11b |
Total assets | PK₨40.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ASTL's short term assets (PKR18.3B) do not cover its short term liabilities (PKR23.3B).
Long Term Liabilities: ASTL's short term assets (PKR18.3B) exceed its long term liabilities (PKR3.8B).
Debt to Equity History and Analysis
Debt Level: ASTL's net debt to equity ratio (158.2%) is considered high.
Reducing Debt: ASTL's debt to equity ratio has increased from 123.5% to 160% over the past 5 years.
Debt Coverage: ASTL's debt is not well covered by operating cash flow (4.9%).
Interest Coverage: ASTL's interest payments on its debt are not well covered by EBIT (0.6x coverage).