Sui Northern Gas Pipelines Balance Sheet Health
Financial Health criteria checks 2/6
Sui Northern Gas Pipelines has a total shareholder equity of PKR43.3B and total debt of PKR112.5B, which brings its debt-to-equity ratio to 259.8%. Its total assets and total liabilities are PKR1,650.3B and PKR1,607.0B respectively. Sui Northern Gas Pipelines's EBIT is PKR95.9B making its interest coverage ratio 2.6. It has cash and short-term investments of PKR35.4B.
Key information
259.8%
Debt to equity ratio
PK₨112.48b
Debt
Interest coverage ratio | 2.6x |
Cash | PK₨35.36b |
Equity | PK₨43.29b |
Total liabilities | PK₨1.61t |
Total assets | PK₨1.65t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SNGP's short term assets (PKR1,375.7B) do not cover its short term liabilities (PKR1,407.4B).
Long Term Liabilities: SNGP's short term assets (PKR1,375.7B) exceed its long term liabilities (PKR199.7B).
Debt to Equity History and Analysis
Debt Level: SNGP's net debt to equity ratio (178.1%) is considered high.
Reducing Debt: SNGP's debt to equity ratio has reduced from 509.3% to 259.8% over the past 5 years.
Debt Coverage: SNGP's debt is not well covered by operating cash flow (1.9%).
Interest Coverage: SNGP's interest payments on its debt are not well covered by EBIT (2.6x coverage).