Engro Balance Sheet Health
Financial Health criteria checks 5/6
Engro has a total shareholder equity of PKR223.1B and total debt of PKR222.3B, which brings its debt-to-equity ratio to 99.6%. Its total assets and total liabilities are PKR802.5B and PKR579.4B respectively. Engro's EBIT is PKR129.0B making its interest coverage ratio 7.2. It has cash and short-term investments of PKR137.2B.
Key information
99.6%
Debt to equity ratio
PK₨222.29b
Debt
Interest coverage ratio | 7.2x |
Cash | PK₨137.18b |
Equity | PK₨223.13b |
Total liabilities | PK₨579.36b |
Total assets | PK₨802.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ENGRO's short term assets (PKR349.7B) exceed its short term liabilities (PKR325.4B).
Long Term Liabilities: ENGRO's short term assets (PKR349.7B) exceed its long term liabilities (PKR254.0B).
Debt to Equity History and Analysis
Debt Level: ENGRO's net debt to equity ratio (38.1%) is considered satisfactory.
Reducing Debt: ENGRO's debt to equity ratio has increased from 74.4% to 99.6% over the past 5 years.
Debt Coverage: ENGRO's debt is well covered by operating cash flow (48.1%).
Interest Coverage: ENGRO's interest payments on its debt are well covered by EBIT (7.2x coverage).