Saif Power Balance Sheet Health
Financial Health criteria checks 4/6
Saif Power has a total shareholder equity of PKR12.7B and total debt of PKR7.7B, which brings its debt-to-equity ratio to 60.6%. Its total assets and total liabilities are PKR22.8B and PKR10.1B respectively. Saif Power's EBIT is PKR2.9B making its interest coverage ratio 2.3. It has cash and short-term investments of PKR34.3M.
Key information
60.6%
Debt to equity ratio
PK₨7.71b
Debt
| Interest coverage ratio | 2.3x |
| Cash | PK₨34.27m |
| Equity | PK₨12.73b |
| Total liabilities | PK₨10.07b |
| Total assets | PK₨22.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SPWL's short term assets (PKR11.4B) exceed its short term liabilities (PKR10.0B).
Long Term Liabilities: SPWL's short term assets (PKR11.4B) exceed its long term liabilities (PKR24.4M).
Debt to Equity History and Analysis
Debt Level: SPWL's net debt to equity ratio (60.3%) is considered high.
Reducing Debt: SPWL's debt to equity ratio has reduced from 63.2% to 60.6% over the past 5 years.
Debt Coverage: SPWL's debt is well covered by operating cash flow (65.9%).
Interest Coverage: SPWL's interest payments on its debt are not well covered by EBIT (2.3x coverage).