Sui Northern Gas Pipelines Balance Sheet Health
Financial Health criteria checks 2/6
Sui Northern Gas Pipelines has a total shareholder equity of PKR45.6B and total debt of PKR144.6B, which brings its debt-to-equity ratio to 317.1%. Its total assets and total liabilities are PKR1,684.7B and PKR1,639.1B respectively. Sui Northern Gas Pipelines's EBIT is PKR160.0B making its interest coverage ratio 1.1. It has cash and short-term investments of PKR16.2B.
Key information
317.1%
Debt to equity ratio
PK₨144.56b
Debt
| Interest coverage ratio | 1.1x |
| Cash | PK₨16.23b |
| Equity | PK₨45.59b |
| Total liabilities | PK₨1.64t |
| Total assets | PK₨1.68t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SNGP's short term assets (PKR1,400.2B) do not cover its short term liabilities (PKR1,438.5B).
Long Term Liabilities: SNGP's short term assets (PKR1,400.2B) exceed its long term liabilities (PKR200.7B).
Debt to Equity History and Analysis
Debt Level: SNGP's net debt to equity ratio (281.5%) is considered high.
Reducing Debt: SNGP's debt to equity ratio has reduced from 355.5% to 317.1% over the past 5 years.
Debt Coverage: SNGP's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SNGP's interest payments on its debt are not well covered by EBIT (1.1x coverage).