Metropolitan Steel Balance Sheet Health
Financial Health criteria checks 3/6
Metropolitan Steel has a total shareholder equity of PKR814.7M and total debt of PKR24.8M, which brings its debt-to-equity ratio to 3%. Its total assets and total liabilities are PKR890.1M and PKR75.3M respectively.
Key information
3.0%
Debt to equity ratio
PK₨24.81m
Debt
| Interest coverage ratio | n/a |
| Cash | PK₨3.44m |
| Equity | PK₨814.75m |
| Total liabilities | PK₨75.32m |
| Total assets | PK₨890.06m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MSCL's short term assets (PKR120.7M) exceed its short term liabilities (PKR47.5M).
Long Term Liabilities: MSCL's short term assets (PKR120.7M) exceed its long term liabilities (PKR27.8M).
Debt to Equity History and Analysis
Debt Level: MSCL's net debt to equity ratio (2.6%) is considered satisfactory.
Reducing Debt: MSCL's debt to equity ratio has increased from 1.2% to 3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: MSCL has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MSCL has less than a year of cash runway if free cash flow continues to reduce at historical rates of 18% each year