Lotte Chemical Pakistan Balance Sheet Health
Financial Health criteria checks 4/6
Lotte Chemical Pakistan has a total shareholder equity of PKR22.0B and total debt of PKR1,000.0M, which brings its debt-to-equity ratio to 4.5%. Its total assets and total liabilities are PKR43.6B and PKR21.6B respectively. Lotte Chemical Pakistan's EBIT is PKR8.5B making its interest coverage ratio -4.8. It has cash and short-term investments of PKR5.8B.
Key information
4.5%
Debt to equity ratio
PK₨1.00b
Debt
Interest coverage ratio | -4.8x |
Cash | PK₨5.77b |
Equity | PK₨22.01b |
Total liabilities | PK₨21.56b |
Total assets | PK₨43.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LOTCHEM's short term assets (PKR35.1B) exceed its short term liabilities (PKR20.5B).
Long Term Liabilities: LOTCHEM's short term assets (PKR35.1B) exceed its long term liabilities (PKR1.1B).
Debt to Equity History and Analysis
Debt Level: LOTCHEM has more cash than its total debt.
Reducing Debt: LOTCHEM's debt to equity ratio has increased from 0% to 4.5% over the past 5 years.
Debt Coverage: LOTCHEM's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: LOTCHEM earns more interest than it pays, so coverage of interest payments is not a concern.