Engro Balance Sheet Health
Financial Health criteria checks 6/6
Engro has a total shareholder equity of PKR211.9B and total debt of PKR121.0B, which brings its debt-to-equity ratio to 57.1%. Its total assets and total liabilities are PKR790.7B and PKR578.8B respectively. Engro's EBIT is PKR121.8B making its interest coverage ratio 5.8. It has cash and short-term investments of PKR76.9B.
Key information
57.1%
Debt to equity ratio
PK₨120.97b
Debt
| Interest coverage ratio | 5.8x |
| Cash | PK₨76.90b |
| Equity | PK₨211.95b |
| Total liabilities | PK₨578.77b |
| Total assets | PK₨790.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ENGRO's short term assets (PKR492.1B) exceed its short term liabilities (PKR448.7B).
Long Term Liabilities: ENGRO's short term assets (PKR492.1B) exceed its long term liabilities (PKR130.0B).
Debt to Equity History and Analysis
Debt Level: ENGRO's net debt to equity ratio (20.8%) is considered satisfactory.
Reducing Debt: ENGRO's debt to equity ratio has reduced from 80.9% to 57.1% over the past 5 years.
Debt Coverage: ENGRO's debt is well covered by operating cash flow (20.4%).
Interest Coverage: ENGRO's interest payments on its debt are well covered by EBIT (5.8x coverage).