Javedan Balance Sheet Health
Financial Health criteria checks 5/6
Javedan has a total shareholder equity of PKR24.8B and total debt of PKR10.1B, which brings its debt-to-equity ratio to 40.7%. Its total assets and total liabilities are PKR41.2B and PKR16.4B respectively. Javedan's EBIT is PKR3.2B making its interest coverage ratio 10.8. It has cash and short-term investments of PKR2.2B.
Key information
40.7%
Debt to equity ratio
PK₨10.09b
Debt
| Interest coverage ratio | 10.8x |
| Cash | PK₨2.20b |
| Equity | PK₨24.82b |
| Total liabilities | PK₨16.38b |
| Total assets | PK₨41.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JVDCPS's short term assets (PKR25.3B) exceed its short term liabilities (PKR10.7B).
Long Term Liabilities: JVDCPS's short term assets (PKR25.3B) exceed its long term liabilities (PKR5.7B).
Debt to Equity History and Analysis
Debt Level: JVDCPS's net debt to equity ratio (31.8%) is considered satisfactory.
Reducing Debt: JVDCPS's debt to equity ratio has increased from 38.4% to 40.7% over the past 5 years.
Debt Coverage: JVDCPS's debt is well covered by operating cash flow (109.5%).
Interest Coverage: JVDCPS's interest payments on its debt are well covered by EBIT (10.8x coverage).