Air Link Communication Balance Sheet Health
Financial Health criteria checks 3/6
Air Link Communication has a total shareholder equity of PKR13.3B and total debt of PKR13.2B, which brings its debt-to-equity ratio to 99.5%. Its total assets and total liabilities are PKR36.2B and PKR22.9B respectively. Air Link Communication's EBIT is PKR4.5B making its interest coverage ratio 2.9. It has cash and short-term investments of PKR4.2B.
Key information
99.5%
Debt to equity ratio
PK₨13.21b
Debt
Interest coverage ratio | 2.9x |
Cash | PK₨4.18b |
Equity | PK₨13.28b |
Total liabilities | PK₨22.91b |
Total assets | PK₨36.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AIRLINK's short term assets (PKR26.5B) exceed its short term liabilities (PKR20.4B).
Long Term Liabilities: AIRLINK's short term assets (PKR26.5B) exceed its long term liabilities (PKR2.5B).
Debt to Equity History and Analysis
Debt Level: AIRLINK's net debt to equity ratio (68%) is considered high.
Reducing Debt: AIRLINK's debt to equity ratio has reduced from 236% to 99.5% over the past 5 years.
Debt Coverage: AIRLINK's debt is not well covered by operating cash flow (17.4%).
Interest Coverage: AIRLINK's interest payments on its debt are not well covered by EBIT (2.9x coverage).