Octopus Digital Balance Sheet Health
Financial Health criteria checks 6/6
Octopus Digital has a total shareholder equity of PKR2.5B and total debt of PKR13.7M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are PKR2.7B and PKR281.8M respectively. Octopus Digital's EBIT is PKR381.6M making its interest coverage ratio -934.2. It has cash and short-term investments of PKR48.5M.
Key information
0.6%
Debt to equity ratio
PK₨13.69m
Debt
| Interest coverage ratio | -934.2x |
| Cash | PK₨48.52m |
| Equity | PK₨2.46b |
| Total liabilities | PK₨281.82m |
| Total assets | PK₨2.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OCTOPUS's short term assets (PKR2.1B) exceed its short term liabilities (PKR270.7M).
Long Term Liabilities: OCTOPUS's short term assets (PKR2.1B) exceed its long term liabilities (PKR11.1M).
Debt to Equity History and Analysis
Debt Level: OCTOPUS has more cash than its total debt.
Reducing Debt: OCTOPUS had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: OCTOPUS's debt is well covered by operating cash flow (407.9%).
Interest Coverage: OCTOPUS earns more interest than it pays, so coverage of interest payments is not a concern.