Macpac Films Balance Sheet Health
Financial Health criteria checks 6/6
Macpac Films has a total shareholder equity of PKR2.0B and total debt of PKR284.0M, which brings its debt-to-equity ratio to 14.3%. Its total assets and total liabilities are PKR4.3B and PKR2.3B respectively. Macpac Films's EBIT is PKR913.7M making its interest coverage ratio 8.1. It has cash and short-term investments of PKR296.0M.
Key information
14.3%
Debt to equity ratio
PK₨284.05m
Debt
| Interest coverage ratio | 8.1x |
| Cash | PK₨296.04m |
| Equity | PK₨1.98b |
| Total liabilities | PK₨2.28b |
| Total assets | PK₨4.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MACFL's short term assets (PKR2.2B) exceed its short term liabilities (PKR1.9B).
Long Term Liabilities: MACFL's short term assets (PKR2.2B) exceed its long term liabilities (PKR358.9M).
Debt to Equity History and Analysis
Debt Level: MACFL has more cash than its total debt.
Reducing Debt: MACFL's debt to equity ratio has reduced from 73.9% to 14.3% over the past 5 years.
Debt Coverage: MACFL's debt is well covered by operating cash flow (156.5%).
Interest Coverage: MACFL's interest payments on its debt are well covered by EBIT (8.1x coverage).