AGP Balance Sheet Health
Financial Health criteria checks 2/6
AGP has a total shareholder equity of PKR12.4B and total debt of PKR12.5B, which brings its debt-to-equity ratio to 100.7%. Its total assets and total liabilities are PKR28.0B and PKR15.6B respectively. AGP's EBIT is PKR4.3B making its interest coverage ratio 2.8. It has cash and short-term investments of PKR854.8M.
Key information
100.7%
Debt to equity ratio
PK₨12.45b
Debt
| Interest coverage ratio | 2.8x |
| Cash | PK₨854.82m |
| Equity | PK₨12.36b |
| Total liabilities | PK₨15.61b |
| Total assets | PK₨27.97b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AGP's short term assets (PKR6.7B) exceed its short term liabilities (PKR5.8B).
Long Term Liabilities: AGP's short term assets (PKR6.7B) do not cover its long term liabilities (PKR9.8B).
Debt to Equity History and Analysis
Debt Level: AGP's net debt to equity ratio (93.8%) is considered high.
Reducing Debt: AGP's debt to equity ratio has increased from 28.7% to 100.7% over the past 5 years.
Debt Coverage: AGP's debt is well covered by operating cash flow (20.7%).
Interest Coverage: AGP's interest payments on its debt are not well covered by EBIT (2.8x coverage).