EcoPack Balance Sheet Health
Financial Health criteria checks 2/6
EcoPack has a total shareholder equity of PKR1.1B and total debt of PKR989.3M, which brings its debt-to-equity ratio to 88.9%. Its total assets and total liabilities are PKR2.7B and PKR1.6B respectively. EcoPack's EBIT is PKR458.5M making its interest coverage ratio 1.9. It has cash and short-term investments of PKR53.8M.
Key information
88.9%
Debt to equity ratio
PK₨989.30m
Debt
Interest coverage ratio | 1.9x |
Cash | PK₨53.78m |
Equity | PK₨1.11b |
Total liabilities | PK₨1.58b |
Total assets | PK₨2.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ECOP's short term assets (PKR1.1B) do not cover its short term liabilities (PKR1.5B).
Long Term Liabilities: ECOP's short term assets (PKR1.1B) exceed its long term liabilities (PKR109.9M).
Debt to Equity History and Analysis
Debt Level: ECOP's net debt to equity ratio (84%) is considered high.
Reducing Debt: ECOP's debt to equity ratio has increased from 69% to 88.9% over the past 5 years.
Debt Coverage: ECOP's debt is well covered by operating cash flow (49.7%).
Interest Coverage: ECOP's interest payments on its debt are not well covered by EBIT (1.9x coverage).