Javedan Balance Sheet Health
Financial Health criteria checks 6/6
Javedan has a total shareholder equity of PKR24.4B and total debt of PKR9.0B, which brings its debt-to-equity ratio to 36.7%. Its total assets and total liabilities are PKR39.2B and PKR14.7B respectively. Javedan's EBIT is PKR3.2B making its interest coverage ratio -14.4. It has cash and short-term investments of PKR2.2B.
Key information
36.7%
Debt to equity ratio
PK₨8.98b
Debt
Interest coverage ratio | -14.4x |
Cash | PK₨2.20b |
Equity | PK₨24.45b |
Total liabilities | PK₨14.71b |
Total assets | PK₨39.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JVDC's short term assets (PKR23.8B) exceed its short term liabilities (PKR8.9B).
Long Term Liabilities: JVDC's short term assets (PKR23.8B) exceed its long term liabilities (PKR5.9B).
Debt to Equity History and Analysis
Debt Level: JVDC's net debt to equity ratio (27.8%) is considered satisfactory.
Reducing Debt: JVDC's debt to equity ratio has reduced from 39% to 36.7% over the past 5 years.
Debt Coverage: JVDC's debt is well covered by operating cash flow (123.5%).
Interest Coverage: JVDC earns more interest than it pays, so coverage of interest payments is not a concern.