Pakistan National Shipping Balance Sheet Health
Financial Health criteria checks 6/6
Pakistan National Shipping has a total shareholder equity of PKR78.6B and total debt of PKR3.3B, which brings its debt-to-equity ratio to 4.1%. Its total assets and total liabilities are PKR92.3B and PKR13.7B respectively. Pakistan National Shipping's EBIT is PKR19.4B making its interest coverage ratio -5. It has cash and short-term investments of PKR41.4B.
Key information
4.1%
Debt to equity ratio
PK₨3.25b
Debt
Interest coverage ratio | -5x |
Cash | PK₨41.37b |
Equity | PK₨78.59b |
Total liabilities | PK₨13.69b |
Total assets | PK₨92.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PNSC's short term assets (PKR52.2B) exceed its short term liabilities (PKR10.7B).
Long Term Liabilities: PNSC's short term assets (PKR52.2B) exceed its long term liabilities (PKR3.0B).
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 7.4% to 4.1% over the past 5 years.
Debt Coverage: PNSC's debt is well covered by operating cash flow (820.1%).
Interest Coverage: PNSC earns more interest than it pays, so coverage of interest payments is not a concern.