Engro Fertilizers Balance Sheet Health
Financial Health criteria checks 5/6
Engro Fertilizers has a total shareholder equity of PKR44.7B and total debt of PKR9.6B, which brings its debt-to-equity ratio to 21.5%. Its total assets and total liabilities are PKR155.8B and PKR111.1B respectively. Engro Fertilizers's EBIT is PKR37.0B making its interest coverage ratio 214.4. It has cash and short-term investments of PKR27.8B.
Key information
21.5%
Debt to equity ratio
PK₨9.63b
Debt
| Interest coverage ratio | 214.4x |
| Cash | PK₨27.77b |
| Equity | PK₨44.74b |
| Total liabilities | PK₨111.08b |
| Total assets | PK₨155.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EFERT's short term assets (PKR72.0B) do not cover its short term liabilities (PKR96.1B).
Long Term Liabilities: EFERT's short term assets (PKR72.0B) exceed its long term liabilities (PKR15.0B).
Debt to Equity History and Analysis
Debt Level: EFERT has more cash than its total debt.
Reducing Debt: EFERT's debt to equity ratio has reduced from 65.4% to 21.5% over the past 5 years.
Debt Coverage: EFERT's debt is well covered by operating cash flow (575.9%).
Interest Coverage: EFERT's interest payments on its debt are well covered by EBIT (214.4x coverage).