Pakgen Power Balance Sheet Health
Financial Health criteria checks 6/6
Pakgen Power has a total shareholder equity of PKR29.0B and total debt of PKR1.7B, which brings its debt-to-equity ratio to 5.9%. Its total assets and total liabilities are PKR31.6B and PKR2.6B respectively. Pakgen Power's EBIT is PKR6.7B making its interest coverage ratio -27.8. It has cash and short-term investments of PKR9.3B.
Key information
5.9%
Debt to equity ratio
PK₨1.71b
Debt
| Interest coverage ratio | -27.8x |
| Cash | PK₨9.33b |
| Equity | PK₨29.03b |
| Total liabilities | PK₨2.61b |
| Total assets | PK₨31.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PKGP's short term assets (PKR28.4B) exceed its short term liabilities (PKR2.6B).
Long Term Liabilities: PKGP's short term assets (PKR28.4B) exceed its long term liabilities (PKR13.2M).
Debt to Equity History and Analysis
Debt Level: PKGP has more cash than its total debt.
Reducing Debt: PKGP's debt to equity ratio has reduced from 67.4% to 5.9% over the past 5 years.
Debt Coverage: PKGP's debt is well covered by operating cash flow (408.2%).
Interest Coverage: PKGP earns more interest than it pays, so coverage of interest payments is not a concern.