Searle Balance Sheet Health
Financial Health criteria checks 2/6
Searle has a total shareholder equity of PKR31.6B and total debt of PKR19.2B, which brings its debt-to-equity ratio to 60.8%. Its total assets and total liabilities are PKR62.4B and PKR30.8B respectively. Searle's EBIT is PKR4.9B making its interest coverage ratio 1.3. It has cash and short-term investments of PKR410.0M.
Key information
60.8%
Debt to equity ratio
PK₨19.20b
Debt
Interest coverage ratio | 1.3x |
Cash | PK₨409.98m |
Equity | PK₨31.58b |
Total liabilities | PK₨30.81b |
Total assets | PK₨62.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SEARL's short term assets (PKR33.3B) exceed its short term liabilities (PKR23.7B).
Long Term Liabilities: SEARL's short term assets (PKR33.3B) exceed its long term liabilities (PKR7.1B).
Debt to Equity History and Analysis
Debt Level: SEARL's net debt to equity ratio (59.5%) is considered high.
Reducing Debt: SEARL's debt to equity ratio has increased from 22.2% to 60.8% over the past 5 years.
Debt Coverage: SEARL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SEARL's interest payments on its debt are not well covered by EBIT (1.3x coverage).