Macpac Films Balance Sheet Health
Financial Health criteria checks 5/6
Macpac Films has a total shareholder equity of PKR2.2B and total debt of PKR328.6M, which brings its debt-to-equity ratio to 15.1%. Its total assets and total liabilities are PKR4.8B and PKR2.7B respectively. Macpac Films's EBIT is PKR255.9M making its interest coverage ratio 2.5. It has cash and short-term investments of PKR263.9M.
Key information
15.1%
Debt to equity ratio
PK₨328.56m
Debt
| Interest coverage ratio | 2.5x |
| Cash | PK₨263.90m |
| Equity | PK₨2.17b |
| Total liabilities | PK₨2.67b |
| Total assets | PK₨4.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MACFL's short term assets (PKR2.6B) exceed its short term liabilities (PKR2.3B).
Long Term Liabilities: MACFL's short term assets (PKR2.6B) exceed its long term liabilities (PKR345.0M).
Debt to Equity History and Analysis
Debt Level: MACFL's net debt to equity ratio (3%) is considered satisfactory.
Reducing Debt: MACFL's debt to equity ratio has reduced from 133.6% to 15.1% over the past 5 years.
Debt Coverage: MACFL's debt is well covered by operating cash flow (89.7%).
Interest Coverage: MACFL's interest payments on its debt are not well covered by EBIT (2.5x coverage).