Biafo Industries Balance Sheet Health
Financial Health criteria checks 6/6
Biafo Industries has a total shareholder equity of PKR3.0B and total debt of PKR298.7M, which brings its debt-to-equity ratio to 9.8%. Its total assets and total liabilities are PKR3.7B and PKR658.2M respectively. Biafo Industries's EBIT is PKR207.6M making its interest coverage ratio 5.7. It has cash and short-term investments of PKR347.7M.
Key information
9.8%
Debt to equity ratio
PK₨298.74m
Debt
| Interest coverage ratio | 5.7x |
| Cash | PK₨347.72m |
| Equity | PK₨3.03b |
| Total liabilities | PK₨658.16m |
| Total assets | PK₨3.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BIFO's short term assets (PKR1.4B) exceed its short term liabilities (PKR514.0M).
Long Term Liabilities: BIFO's short term assets (PKR1.4B) exceed its long term liabilities (PKR144.2M).
Debt to Equity History and Analysis
Debt Level: BIFO has more cash than its total debt.
Reducing Debt: BIFO's debt to equity ratio has reduced from 40.9% to 9.8% over the past 5 years.
Debt Coverage: BIFO's debt is well covered by operating cash flow (130.9%).
Interest Coverage: BIFO's interest payments on its debt are well covered by EBIT (5.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 20:17 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Biafo Industries Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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