Saif Power Balance Sheet Health
Financial Health criteria checks 3/6
Saif Power has a total shareholder equity of PKR12.7B and total debt of PKR8.6B, which brings its debt-to-equity ratio to 67.8%. Its total assets and total liabilities are PKR23.3B and PKR10.6B respectively. Saif Power's EBIT is PKR2.5B making its interest coverage ratio 1.3. It has cash and short-term investments of PKR29.5M.
Key information
67.8%
Debt to equity ratio
PK₨8.63b
Debt
Interest coverage ratio | 1.3x |
Cash | PK₨29.49m |
Equity | PK₨12.72b |
Total liabilities | PK₨10.59b |
Total assets | PK₨23.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SPWL's short term assets (PKR11.7B) exceed its short term liabilities (PKR10.6B).
Long Term Liabilities: SPWL's short term assets (PKR11.7B) exceed its long term liabilities (PKR11.7M).
Debt to Equity History and Analysis
Debt Level: SPWL's net debt to equity ratio (67.6%) is considered high.
Reducing Debt: SPWL's debt to equity ratio has increased from 66% to 67.8% over the past 5 years.
Debt Coverage: SPWL's debt is well covered by operating cash flow (45.6%).
Interest Coverage: SPWL's interest payments on its debt are not well covered by EBIT (1.3x coverage).