TPL Properties Balance Sheet Health
Financial Health criteria checks 3/6
TPL Properties has a total shareholder equity of PKR11.6B and total debt of PKR2.6B, which brings its debt-to-equity ratio to 22.4%. Its total assets and total liabilities are PKR16.6B and PKR5.1B respectively.
Key information
22.4%
Debt to equity ratio
PK₨2.59b
Debt
Interest coverage ratio | n/a |
Cash | PK₨990.85m |
Equity | PK₨11.57b |
Total liabilities | PK₨5.06b |
Total assets | PK₨16.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TPLP's short term assets (PKR1.8B) do not cover its short term liabilities (PKR4.7B).
Long Term Liabilities: TPLP's short term assets (PKR1.8B) exceed its long term liabilities (PKR347.2M).
Debt to Equity History and Analysis
Debt Level: TPLP's net debt to equity ratio (13.8%) is considered satisfactory.
Reducing Debt: TPLP's debt to equity ratio has reduced from 44.6% to 22.4% over the past 5 years.
Debt Coverage: TPLP's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if TPLP's interest payments on its debt are well covered by EBIT.