Nishat Chunian Power Balance Sheet Health
Financial Health criteria checks 6/6
Nishat Chunian Power has a total shareholder equity of PKR26.7B and total debt of PKR523.3M, which brings its debt-to-equity ratio to 2%. Its total assets and total liabilities are PKR29.1B and PKR2.4B respectively. Nishat Chunian Power's EBIT is PKR5.2B making its interest coverage ratio 9.3. It has cash and short-term investments of PKR729.4M.
Key information
2.0%
Debt to equity ratio
PK₨523.26m
Debt
| Interest coverage ratio | 9.3x |
| Cash | PK₨729.44m |
| Equity | PK₨26.69b |
| Total liabilities | PK₨2.38b |
| Total assets | PK₨29.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NCPL's short term assets (PKR19.3B) exceed its short term liabilities (PKR2.4B).
Long Term Liabilities: NCPL has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: NCPL has more cash than its total debt.
Reducing Debt: NCPL's debt to equity ratio has reduced from 99.9% to 2% over the past 5 years.
Debt Coverage: NCPL's debt is well covered by operating cash flow (1322.6%).
Interest Coverage: NCPL's interest payments on its debt are well covered by EBIT (9.3x coverage).