Tri-Pack Films Balance Sheet Health
Financial Health criteria checks 3/6
Tri-Pack Films has a total shareholder equity of PKR5.8B and total debt of PKR14.0B, which brings its debt-to-equity ratio to 239.7%. Its total assets and total liabilities are PKR28.3B and PKR22.4B respectively. Tri-Pack Films's EBIT is PKR2.5B making its interest coverage ratio 3.5. It has cash and short-term investments of PKR1.6B.
Key information
239.7%
Debt to equity ratio
PK₨13.96b
Debt
Interest coverage ratio | 3.5x |
Cash | PK₨1.56b |
Equity | PK₨5.83b |
Total liabilities | PK₨22.44b |
Total assets | PK₨28.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TRIPF's short term assets (PKR13.4B) do not cover its short term liabilities (PKR13.4B).
Long Term Liabilities: TRIPF's short term assets (PKR13.4B) exceed its long term liabilities (PKR9.0B).
Debt to Equity History and Analysis
Debt Level: TRIPF's net debt to equity ratio (212.9%) is considered high.
Reducing Debt: TRIPF's debt to equity ratio has increased from 181.8% to 239.7% over the past 5 years.
Debt Coverage: TRIPF's debt is well covered by operating cash flow (21.5%).
Interest Coverage: TRIPF's interest payments on its debt are well covered by EBIT (3.5x coverage).