Pakistan Aluminium Beverage Cans Balance Sheet Health
Financial Health criteria checks 5/6
Pakistan Aluminium Beverage Cans has a total shareholder equity of PKR11.5B and total debt of PKR7.4B, which brings its debt-to-equity ratio to 64.2%. Its total assets and total liabilities are PKR22.9B and PKR11.4B respectively. Pakistan Aluminium Beverage Cans's EBIT is PKR5.9B making its interest coverage ratio 17.9. It has cash and short-term investments of PKR8.0B.
Key information
64.2%
Debt to equity ratio
PK₨7.41b
Debt
Interest coverage ratio | 17.9x |
Cash | PK₨7.99b |
Equity | PK₨11.54b |
Total liabilities | PK₨11.39b |
Total assets | PK₨22.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PABC's short term assets (PKR15.3B) exceed its short term liabilities (PKR9.2B).
Long Term Liabilities: PABC's short term assets (PKR15.3B) exceed its long term liabilities (PKR2.1B).
Debt to Equity History and Analysis
Debt Level: PABC has more cash than its total debt.
Reducing Debt: Insufficient data to determine if PABC's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: PABC's debt is well covered by operating cash flow (76.5%).
Interest Coverage: PABC's interest payments on its debt are well covered by EBIT (17.9x coverage).