Nimir Industrial Chemicals Balance Sheet Health
Financial Health criteria checks 2/6
Nimir Industrial Chemicals has a total shareholder equity of PKR8.4B and total debt of PKR18.0B, which brings its debt-to-equity ratio to 215.3%. Its total assets and total liabilities are PKR31.3B and PKR22.9B respectively. Nimir Industrial Chemicals's EBIT is PKR4.8B making its interest coverage ratio 1.3. It has cash and short-term investments of PKR303.2M.
Key information
215.3%
Debt to equity ratio
PK₨18.00b
Debt
| Interest coverage ratio | 1.3x |
| Cash | PK₨303.17m |
| Equity | PK₨8.36b |
| Total liabilities | PK₨22.93b |
| Total assets | PK₨31.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NICL's short term assets (PKR17.6B) exceed its short term liabilities (PKR16.8B).
Long Term Liabilities: NICL's short term assets (PKR17.6B) exceed its long term liabilities (PKR6.1B).
Debt to Equity History and Analysis
Debt Level: NICL's net debt to equity ratio (211.7%) is considered high.
Reducing Debt: NICL's debt to equity ratio has increased from 136% to 215.3% over the past 5 years.
Debt Coverage: NICL's debt is not well covered by operating cash flow (8.3%).
Interest Coverage: NICL's interest payments on its debt are not well covered by EBIT (1.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 16:40 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Nimir Industrial Chemicals Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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