Air Link Communication Balance Sheet Health
Financial Health criteria checks 3/6
Air Link Communication has a total shareholder equity of PKR14.3B and total debt of PKR15.9B, which brings its debt-to-equity ratio to 111.1%. Its total assets and total liabilities are PKR38.5B and PKR24.2B respectively. Air Link Communication's EBIT is PKR9.1B making its interest coverage ratio 2.9. It has cash and short-term investments of PKR5.6B.
Key information
111.1%
Debt to equity ratio
PK₨15.92b
Debt
| Interest coverage ratio | 2.9x |
| Cash | PK₨5.55b |
| Equity | PK₨14.33b |
| Total liabilities | PK₨24.22b |
| Total assets | PK₨38.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AIRLINK's short term assets (PKR28.7B) exceed its short term liabilities (PKR23.0B).
Long Term Liabilities: AIRLINK's short term assets (PKR28.7B) exceed its long term liabilities (PKR1.2B).
Debt to Equity History and Analysis
Debt Level: AIRLINK's net debt to equity ratio (72.4%) is considered high.
Reducing Debt: AIRLINK's debt to equity ratio has reduced from 232% to 111.1% over the past 5 years.
Debt Coverage: AIRLINK's debt is not well covered by operating cash flow (0.4%).
Interest Coverage: AIRLINK's interest payments on its debt are not well covered by EBIT (2.9x coverage).