Lucky Core Industries Balance Sheet Health
Financial Health criteria checks 6/6
Lucky Core Industries has a total shareholder equity of PKR45.9B and total debt of PKR15.3B, which brings its debt-to-equity ratio to 33.4%. Its total assets and total liabilities are PKR89.0B and PKR43.1B respectively. Lucky Core Industries's EBIT is PKR16.9B making its interest coverage ratio 7.4. It has cash and short-term investments of PKR15.2B.
Key information
33.4%
Debt to equity ratio
PK₨15.34b
Debt
Interest coverage ratio | 7.4x |
Cash | PK₨15.20b |
Equity | PK₨45.95b |
Total liabilities | PK₨43.07b |
Total assets | PK₨89.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LCI's short term assets (PKR48.1B) exceed its short term liabilities (PKR33.2B).
Long Term Liabilities: LCI's short term assets (PKR48.1B) exceed its long term liabilities (PKR9.9B).
Debt to Equity History and Analysis
Debt Level: LCI's net debt to equity ratio (0.3%) is considered satisfactory.
Reducing Debt: LCI's debt to equity ratio has reduced from 83.8% to 33.4% over the past 5 years.
Debt Coverage: LCI's debt is well covered by operating cash flow (95.7%).
Interest Coverage: LCI's interest payments on its debt are well covered by EBIT (7.4x coverage).