Clover Pakistan Balance Sheet Health
Financial Health criteria checks 6/6
Clover Pakistan has a total shareholder equity of PKR164.3M and total debt of PKR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are PKR253.1M and PKR88.8M respectively. Clover Pakistan's EBIT is PKR59.2M making its interest coverage ratio 3697.8. It has cash and short-term investments of PKR40.3M.
Key information
0%
Debt to equity ratio
PK₨0
Debt
| Interest coverage ratio | 3697.8x |
| Cash | PK₨40.26m |
| Equity | PK₨164.30m |
| Total liabilities | PK₨88.79m |
| Total assets | PK₨253.09m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CLOV's short term assets (PKR245.5M) exceed its short term liabilities (PKR88.8M).
Long Term Liabilities: CLOV has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CLOV is debt free.
Reducing Debt: CLOV has no debt compared to 5 years ago when its debt to equity ratio was 12.5%.
Debt Coverage: CLOV has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CLOV has no debt, therefore coverage of interest payments is not a concern.