Ittefaq Iron Industries Balance Sheet Health
Financial Health criteria checks 4/6
Ittefaq Iron Industries has a total shareholder equity of PKR4.0B and total debt of PKR1.4B, which brings its debt-to-equity ratio to 33.5%. Its total assets and total liabilities are PKR6.0B and PKR2.0B respectively.
Key information
33.5%
Debt to equity ratio
PK₨1.35b
Debt
| Interest coverage ratio | n/a |
| Cash | PK₨24.44m |
| Equity | PK₨4.04b |
| Total liabilities | PK₨1.99b |
| Total assets | PK₨6.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ITTEFAQ's short term assets (PKR3.6B) exceed its short term liabilities (PKR1.5B).
Long Term Liabilities: ITTEFAQ's short term assets (PKR3.6B) exceed its long term liabilities (PKR470.3M).
Debt to Equity History and Analysis
Debt Level: ITTEFAQ's net debt to equity ratio (32.9%) is considered satisfactory.
Reducing Debt: ITTEFAQ's debt to equity ratio has reduced from 41.7% to 33.5% over the past 5 years.
Debt Coverage: ITTEFAQ's debt is not well covered by operating cash flow (0.7%).
Interest Coverage: Insufficient data to determine if ITTEFAQ's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 16:06 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Ittefaq Iron Industries Limited is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Pearl Securities Limited |
| Waqar Salim | Summit Capital (Private) Limited |