Mughal Energy Limited

KASE:GEMMEL Stock Report

Market Cap: PK₨3.8b

Mughal Energy Balance Sheet Health

Financial Health criteria checks 5/6

Mughal Energy has a total shareholder equity of PKR3.5B and total debt of PKR374.2M, which brings its debt-to-equity ratio to 10.8%. Its total assets and total liabilities are PKR3.9B and PKR409.8M respectively.

Key information

10.8%

Debt to equity ratio

PK₨374.21m

Debt

Interest coverage ration/a
CashPK₨116.38m
EquityPK₨3.46b
Total liabilitiesPK₨409.75m
Total assetsPK₨3.87b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: GEMMEL's short term assets (PKR469.8M) exceed its short term liabilities (PKR117.3M).

Long Term Liabilities: GEMMEL's short term assets (PKR469.8M) exceed its long term liabilities (PKR292.5M).


Debt to Equity History and Analysis

Debt Level: GEMMEL's net debt to equity ratio (7.4%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if GEMMEL's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable GEMMEL has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: GEMMEL is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 9.2% per year.


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