Netsol Technologies Balance Sheet Health
Financial Health criteria checks 5/6
Netsol Technologies has a total shareholder equity of PKR10.2B and total debt of PKR1.6B, which brings its debt-to-equity ratio to 15.5%. Its total assets and total liabilities are PKR13.6B and PKR3.4B respectively. Netsol Technologies's EBIT is PKR944.0M making its interest coverage ratio -4.4. It has cash and short-term investments of PKR5.1B.
Key information
15.5%
Debt to equity ratio
PK₨1.59b
Debt
| Interest coverage ratio | -4.4x |
| Cash | PK₨5.09b |
| Equity | PK₨10.25b |
| Total liabilities | PK₨3.38b |
| Total assets | PK₨13.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NETSOL's short term assets (PKR12.4B) exceed its short term liabilities (PKR3.4B).
Long Term Liabilities: NETSOL's short term assets (PKR12.4B) exceed its long term liabilities (PKR4.2M).
Debt to Equity History and Analysis
Debt Level: NETSOL has more cash than its total debt.
Reducing Debt: NETSOL's debt to equity ratio has increased from 14.8% to 15.5% over the past 5 years.
Debt Coverage: NETSOL's debt is well covered by operating cash flow (99.3%).
Interest Coverage: NETSOL earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 00:34 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Netsol Technologies Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Faisal Shaji | Standard Capital Securities (Pvt.) Ltd. |