Tri-Pack Films Balance Sheet Health
Financial Health criteria checks 1/6
Tri-Pack Films has a total shareholder equity of PKR5.3B and total debt of PKR18.6B, which brings its debt-to-equity ratio to 351.7%. Its total assets and total liabilities are PKR34.6B and PKR29.3B respectively. Tri-Pack Films's EBIT is PKR1.8B making its interest coverage ratio 1. It has cash and short-term investments of PKR289.0M.
Key information
351.7%
Debt to equity ratio
PK₨18.65b
Debt
| Interest coverage ratio | 1x |
| Cash | PK₨288.97m |
| Equity | PK₨5.30b |
| Total liabilities | PK₨29.27b |
| Total assets | PK₨34.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TRIPF's short term assets (PKR15.4B) do not cover its short term liabilities (PKR15.9B).
Long Term Liabilities: TRIPF's short term assets (PKR15.4B) exceed its long term liabilities (PKR13.4B).
Debt to Equity History and Analysis
Debt Level: TRIPF's net debt to equity ratio (346.2%) is considered high.
Reducing Debt: TRIPF's debt to equity ratio has increased from 179.8% to 351.7% over the past 5 years.
Debt Coverage: TRIPF's debt is not well covered by operating cash flow (3.6%).
Interest Coverage: TRIPF's interest payments on its debt are not well covered by EBIT (1x coverage).