Systems Balance Sheet Health
Financial Health criteria checks 6/6
Systems has a total shareholder equity of PKR32.3B and total debt of PKR2.1B, which brings its debt-to-equity ratio to 6.6%. Its total assets and total liabilities are PKR50.7B and PKR18.3B respectively. Systems's EBIT is PKR7.9B making its interest coverage ratio 16.6. It has cash and short-term investments of PKR9.6B.
Key information
6.6%
Debt to equity ratio
PK₨2.12b
Debt
| Interest coverage ratio | 16.6x |
| Cash | PK₨9.58b |
| Equity | PK₨32.33b |
| Total liabilities | PK₨18.33b |
| Total assets | PK₨50.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SYS's short term assets (PKR33.5B) exceed its short term liabilities (PKR15.4B).
Long Term Liabilities: SYS's short term assets (PKR33.5B) exceed its long term liabilities (PKR3.0B).
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 11% to 6.6% over the past 5 years.
Debt Coverage: SYS's debt is well covered by operating cash flow (249.5%).
Interest Coverage: SYS's interest payments on its debt are well covered by EBIT (16.6x coverage).