Cordoba Logistics & Ventures Balance Sheet Health
Financial Health criteria checks 3/6
Cordoba Logistics & Ventures has a total shareholder equity of PKR599.9M and total debt of PKR434.2M, which brings its debt-to-equity ratio to 72.4%. Its total assets and total liabilities are PKR1.2B and PKR566.6M respectively. Cordoba Logistics & Ventures's EBIT is PKR168.5M making its interest coverage ratio 2.5. It has cash and short-term investments of PKR18.0M.
Key information
72.4%
Debt to equity ratio
PK₨434.22m
Debt
Interest coverage ratio | 2.5x |
Cash | PK₨18.03m |
Equity | PK₨599.92m |
Total liabilities | PK₨566.55m |
Total assets | PK₨1.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CLVL's short term assets (PKR221.6M) exceed its short term liabilities (PKR121.1M).
Long Term Liabilities: CLVL's short term assets (PKR221.6M) do not cover its long term liabilities (PKR445.4M).
Debt to Equity History and Analysis
Debt Level: CLVL's net debt to equity ratio (69.4%) is considered high.
Reducing Debt: CLVL had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: CLVL's debt is well covered by operating cash flow (30.6%).
Interest Coverage: CLVL's interest payments on its debt are not well covered by EBIT (2.5x coverage).