Blue-Ex Balance Sheet Health
Financial Health criteria checks 6/6
Blue-Ex has a total shareholder equity of PKR966.5M and total debt of PKR182.2M, which brings its debt-to-equity ratio to 18.9%. Its total assets and total liabilities are PKR1.5B and PKR500.7M respectively. Blue-Ex's EBIT is PKR92.9M making its interest coverage ratio -10.5. It has cash and short-term investments of PKR130.0M.
Key information
18.9%
Debt to equity ratio
PK₨182.19m
Debt
Interest coverage ratio | -10.5x |
Cash | PK₨130.01m |
Equity | PK₨966.51m |
Total liabilities | PK₨500.74m |
Total assets | PK₨1.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GEMBLUEX's short term assets (PKR1.1B) exceed its short term liabilities (PKR476.1M).
Long Term Liabilities: GEMBLUEX's short term assets (PKR1.1B) exceed its long term liabilities (PKR24.6M).
Debt to Equity History and Analysis
Debt Level: GEMBLUEX's net debt to equity ratio (5.4%) is considered satisfactory.
Reducing Debt: GEMBLUEX's debt to equity ratio has reduced from 126.6% to 18.9% over the past 5 years.
Debt Coverage: GEMBLUEX's debt is well covered by operating cash flow (38.4%).
Interest Coverage: GEMBLUEX earns more interest than it pays, so coverage of interest payments is not a concern.