Pakgen Power Balance Sheet Health
Financial Health criteria checks 6/6
Pakgen Power has a total shareholder equity of PKR26.5B and total debt of PKR3.8B, which brings its debt-to-equity ratio to 14.2%. Its total assets and total liabilities are PKR31.2B and PKR4.6B respectively. Pakgen Power's EBIT is PKR5.6B making its interest coverage ratio -22.9. It has cash and short-term investments of PKR9.0B.
Key information
14.2%
Debt to equity ratio
PK₨3.78b
Debt
Interest coverage ratio | -22.9x |
Cash | PK₨8.96b |
Equity | PK₨26.54b |
Total liabilities | PK₨4.64b |
Total assets | PK₨31.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PKGP's short term assets (PKR27.5B) exceed its short term liabilities (PKR4.6B).
Long Term Liabilities: PKGP's short term assets (PKR27.5B) exceed its long term liabilities (PKR6.3M).
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 64.3% to 14.2% over the past 5 years.
Debt Coverage: PKGP's debt is well covered by operating cash flow (191.5%).
Interest Coverage: PKGP earns more interest than it pays, so coverage of interest payments is not a concern.