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 ratio | n/a |
| Cash | PK₨116.38m |
| Equity | PK₨3.46b |
| Total liabilities | PK₨409.75m |
| Total assets | PK₨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.