Crescent Steel and Allied Products Balance Sheet Health
Financial Health criteria checks 6/6
Crescent Steel and Allied Products has a total shareholder equity of PKR8.3B and total debt of PKR1.9B, which brings its debt-to-equity ratio to 22.9%. Its total assets and total liabilities are PKR12.5B and PKR4.2B respectively. Crescent Steel and Allied Products's EBIT is PKR1.5B making its interest coverage ratio 131.8. It has cash and short-term investments of PKR1.8B.
Key information
22.9%
Debt to equity ratio
PK₨1.90b
Debt
Interest coverage ratio | 131.8x |
Cash | PK₨1.75b |
Equity | PK₨8.29b |
Total liabilities | PK₨4.16b |
Total assets | PK₨12.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CSAP's short term assets (PKR5.8B) exceed its short term liabilities (PKR3.3B).
Long Term Liabilities: CSAP's short term assets (PKR5.8B) exceed its long term liabilities (PKR823.6M).
Debt to Equity History and Analysis
Debt Level: CSAP's net debt to equity ratio (1.8%) is considered satisfactory.
Reducing Debt: CSAP's debt to equity ratio has reduced from 38.9% to 22.9% over the past 5 years.
Debt Coverage: CSAP's debt is well covered by operating cash flow (25.8%).
Interest Coverage: CSAP's interest payments on its debt are well covered by EBIT (131.8x coverage).