Cordoba Logistics & Ventures Balance Sheet Health
Financial Health criteria checks 3/6
Cordoba Logistics & Ventures has a total shareholder equity of PKR697.0M and total debt of PKR504.2M, which brings its debt-to-equity ratio to 72.3%. Its total assets and total liabilities are PKR1.5B and PKR790.3M respectively. Cordoba Logistics & Ventures's EBIT is PKR315.9M making its interest coverage ratio 3. It has cash and short-term investments of PKR38.8M.
Key information
72.3%
Debt to equity ratio
PK₨504.22m
Debt
| Interest coverage ratio | 3x |
| Cash | PK₨38.81m |
| Equity | PK₨697.01m |
| Total liabilities | PK₨790.32m |
| Total assets | PK₨1.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CLVL's short term assets (PKR444.1M) exceed its short term liabilities (PKR278.8M).
Long Term Liabilities: CLVL's short term assets (PKR444.1M) do not cover its long term liabilities (PKR511.5M).
Debt to Equity History and Analysis
Debt Level: CLVL's net debt to equity ratio (66.8%) is considered high.
Reducing Debt: CLVL's debt to equity ratio has increased from 4.3% to 72.3% over the past 5 years.
Debt Coverage: CLVL's debt is well covered by operating cash flow (48.2%).
Interest Coverage: CLVL's interest payments on its debt are well covered by EBIT (3x coverage).