Systems Balance Sheet Health
Financial Health criteria checks 6/6
Systems has a total shareholder equity of PKR36.4B and total debt of PKR1.8B, which brings its debt-to-equity ratio to 5%. Its total assets and total liabilities are PKR53.1B and PKR16.7B respectively. Systems's EBIT is PKR8.7B making its interest coverage ratio -131.2. It has cash and short-term investments of PKR7.2B.
Key information
5.0%
Debt to equity ratio
PK₨1.83b
Debt
| Interest coverage ratio | -131.2x |
| Cash | PK₨7.18b |
| Equity | PK₨36.44b |
| Total liabilities | PK₨16.69b |
| Total assets | PK₨53.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SYS's short term assets (PKR36.9B) exceed its short term liabilities (PKR14.4B).
Long Term Liabilities: SYS's short term assets (PKR36.9B) exceed its long term liabilities (PKR2.3B).
Debt to Equity History and Analysis
Debt Level: SYS has more cash than its total debt.
Reducing Debt: SYS's debt to equity ratio has reduced from 12.8% to 5% over the past 5 years.
Debt Coverage: SYS's debt is well covered by operating cash flow (342.5%).
Interest Coverage: SYS earns more interest than it pays, so coverage of interest payments is not a concern.