Sardar Chemical Industries Balance Sheet Health
Financial Health criteria checks 5/6
Sardar Chemical Industries has a total shareholder equity of PKR285.0M and total debt of PKR35.2M, which brings its debt-to-equity ratio to 12.3%. Its total assets and total liabilities are PKR362.5M and PKR77.5M respectively. Sardar Chemical Industries's EBIT is PKR84.9M making its interest coverage ratio 8. It has cash and short-term investments of PKR23.5M.
Key information
12.3%
Debt to equity ratio
PK₨35.18m
Debt
Interest coverage ratio | 8x |
Cash | PK₨23.47m |
Equity | PK₨284.98m |
Total liabilities | PK₨77.52m |
Total assets | PK₨362.49m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SARC's short term assets (PKR328.6M) exceed its short term liabilities (PKR69.6M).
Long Term Liabilities: SARC's short term assets (PKR328.6M) exceed its long term liabilities (PKR7.9M).
Debt to Equity History and Analysis
Debt Level: SARC's net debt to equity ratio (4.1%) is considered satisfactory.
Reducing Debt: SARC's debt to equity ratio has increased from 11.7% to 12.3% over the past 5 years.
Debt Coverage: SARC's debt is well covered by operating cash flow (36.8%).
Interest Coverage: SARC's interest payments on its debt are well covered by EBIT (8x coverage).