Synthetic Products Enterprises Balance Sheet Health
Financial Health criteria checks 6/6
Synthetic Products Enterprises has a total shareholder equity of PKR5.4B and total debt of PKR821.7M, which brings its debt-to-equity ratio to 15.2%. Its total assets and total liabilities are PKR7.6B and PKR2.2B respectively. Synthetic Products Enterprises's EBIT is PKR1.2B making its interest coverage ratio 21.2. It has cash and short-term investments of PKR527.3M.
Key information
15.2%
Debt to equity ratio
PK₨821.71m
Debt
| Interest coverage ratio | 21.2x |
| Cash | PK₨527.33m |
| Equity | PK₨5.41b |
| Total liabilities | PK₨2.18b |
| Total assets | PK₨7.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SPEL's short term assets (PKR3.4B) exceed its short term liabilities (PKR1.4B).
Long Term Liabilities: SPEL's short term assets (PKR3.4B) exceed its long term liabilities (PKR827.3M).
Debt to Equity History and Analysis
Debt Level: SPEL's net debt to equity ratio (5.4%) is considered satisfactory.
Reducing Debt: SPEL's debt to equity ratio has reduced from 21.1% to 15.2% over the past 5 years.
Debt Coverage: SPEL's debt is well covered by operating cash flow (20.1%).
Interest Coverage: SPEL's interest payments on its debt are well covered by EBIT (21.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 15:52 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| 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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| 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
Synthetic Products Enterprises Limited is covered by 3 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 |
|---|---|
| Arvind Anand | Fortune Securities Limited |
| Muhammad Junaid Memon | Ismail Iqbal Securities (Pvt.) Ltd. |
| Ali Sufyan | Standard Capital Securities (Pvt.) Ltd. |