Blue-Ex Balance Sheet Health
Financial Health criteria checks 6/6
Blue-Ex has a total shareholder equity of PKR1.1B and total debt of PKR158.1M, which brings its debt-to-equity ratio to 13.9%. Its total assets and total liabilities are PKR2.0B and PKR829.7M respectively. Blue-Ex's EBIT is PKR113.7M making its interest coverage ratio 6.9. It has cash and short-term investments of PKR159.4M.
Key information
13.9%
Debt to equity ratio
PK₨158.07m
Debt
| Interest coverage ratio | 6.9x |
| Cash | PK₨159.39m |
| Equity | PK₨1.14b |
| Total liabilities | PK₨829.66m |
| Total assets | PK₨1.97b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GEMBLUEX's short term assets (PKR1.5B) exceed its short term liabilities (PKR772.8M).
Long Term Liabilities: GEMBLUEX's short term assets (PKR1.5B) exceed its long term liabilities (PKR56.9M).
Debt to Equity History and Analysis
Debt Level: GEMBLUEX has more cash than its total debt.
Reducing Debt: GEMBLUEX's debt to equity ratio has reduced from 187.1% to 13.9% over the past 5 years.
Debt Coverage: GEMBLUEX's debt is well covered by operating cash flow (35.3%).
Interest Coverage: GEMBLUEX's interest payments on its debt are well covered by EBIT (6.9x coverage).