Lucky Core Industries Balance Sheet Health
Financial Health criteria checks 6/6
Lucky Core Industries has a total shareholder equity of PKR49.0B and total debt of PKR23.1B, which brings its debt-to-equity ratio to 47.1%. Its total assets and total liabilities are PKR102.9B and PKR53.8B respectively. Lucky Core Industries's EBIT is PKR17.3B making its interest coverage ratio -90.6. It has cash and short-term investments of PKR18.8B.
Key information
47.1%
Debt to equity ratio
PK₨23.09b
Debt
| Interest coverage ratio | -90.6x |
| Cash | PK₨18.79b |
| Equity | PK₨49.03b |
| Total liabilities | PK₨53.82b |
| Total assets | PK₨102.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LCI's short term assets (PKR52.4B) exceed its short term liabilities (PKR37.5B).
Long Term Liabilities: LCI's short term assets (PKR52.4B) exceed its long term liabilities (PKR16.4B).
Debt to Equity History and Analysis
Debt Level: LCI's net debt to equity ratio (8.8%) is considered satisfactory.
Reducing Debt: LCI's debt to equity ratio has reduced from 77.6% to 47.1% over the past 5 years.
Debt Coverage: LCI's debt is well covered by operating cash flow (52%).
Interest Coverage: LCI earns more interest than it pays, so coverage of interest payments is not a concern.