Engro Fertilizers Balance Sheet Health
Financial Health criteria checks 2/6
Engro Fertilizers has a total shareholder equity of PKR40.5B and total debt of PKR49.0B, which brings its debt-to-equity ratio to 121%. Its total assets and total liabilities are PKR188.5B and PKR148.0B respectively. Engro Fertilizers's EBIT is PKR48.6B making its interest coverage ratio -58.4. It has cash and short-term investments of PKR5.1B.
Key information
121.0%
Debt to equity ratio
PK₨49.02b
Debt
| Interest coverage ratio | -58.4x |
| Cash | PK₨5.12b |
| Equity | PK₨40.51b |
| Total liabilities | PK₨147.98b |
| Total assets | PK₨188.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EFERT's short term assets (PKR96.5B) do not cover its short term liabilities (PKR134.6B).
Long Term Liabilities: EFERT's short term assets (PKR96.5B) exceed its long term liabilities (PKR13.4B).
Debt to Equity History and Analysis
Debt Level: EFERT's net debt to equity ratio (108.4%) is considered high.
Reducing Debt: EFERT's debt to equity ratio has increased from 66.1% to 121% over the past 5 years.
Debt Coverage: EFERT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: EFERT earns more interest than it pays, so coverage of interest payments is not a concern.