Pakistan National Shipping Balance Sheet Health
Financial Health criteria checks 6/6
Pakistan National Shipping has a total shareholder equity of PKR94.0B and total debt of PKR2.6B, which brings its debt-to-equity ratio to 2.8%. Its total assets and total liabilities are PKR104.7B and PKR10.7B respectively. Pakistan National Shipping's EBIT is PKR14.2B making its interest coverage ratio -2.3. It has cash and short-term investments of PKR53.0B.
Key information
2.8%
Debt to equity ratio
PK₨2.60b
Debt
| Interest coverage ratio | -2.3x |
| Cash | PK₨52.97b |
| Equity | PK₨93.96b |
| Total liabilities | PK₨10.70b |
| Total assets | PK₨104.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PNSC's short term assets (PKR64.5B) exceed its short term liabilities (PKR7.8B).
Long Term Liabilities: PNSC's short term assets (PKR64.5B) exceed its long term liabilities (PKR2.9B).
Debt to Equity History and Analysis
Debt Level: PNSC has more cash than its total debt.
Reducing Debt: PNSC's debt to equity ratio has reduced from 25.8% to 2.8% over the past 5 years.
Debt Coverage: PNSC's debt is well covered by operating cash flow (583.6%).
Interest Coverage: PNSC earns more interest than it pays, so coverage of interest payments is not a concern.