Intermarket Securities Ltd
Intermarket Securities Ltd has a debt-to-equity ratio of 0.44 and a current ratio of 1.76, indicating a moderate level of leverage and adequate short-term liquidity to cover its obligations. The company's liquidity position is assessed as medium, with a key flag noting that net cash is negative after subtracting total debt. The company's return on equity (ROE) is 10.35%, and its return on assets (ROA) is 4.62%, which are metrics that reflect its profitability and efficiency in utilizing equity and assets. These figures should be compared to the industry's preferred metrics and cohort medians to assess relative performance. The company's revenue is not segmented by geographic regions or business lines in the provided data, so it is not possible to determine the geographic exposure or revenue concentration from the given information. The company's growth trajectory is not explicitly detailed in the provided data, but the outlook for the current and next fiscal years would typically be informed by revenue history and market conditions. The company's financial performance in the latest period shows a revenue of PKR 633,486,570 and a net income of PKR 155,371,580. The risk assessment indicates a medium liquidity risk and a low dilution risk. The company's capital structure includes long-term debt of PKR 654,476,850, and the risk of dilution is considered low, suggesting that the company is not expected to issue additional shares in the near term. Recent events or filings that could impact the company's operations or financial performance are not detailed in the provided data. The company's financial snapshot does not include specific information on recent events, filings, or transcripts that could affect its business.
Business. Intermarket Securities Ltd provides share brokerage, underwriting, investment, and portfolio management services in Pakistan, generating revenue through trade execution/settlement, investment banking & advisory, and equities & economic research.
Classification. The company is classified under the industry "Investment Banking & Brokerage Services" within the "Banking & Investment Services" business sector, with a confidence level of 0.92.
- Intermarket Securities Ltd has a moderate level of leverage with a debt-to-equity ratio of 0.44.
- The company's ROE of 10.35% and ROA of 4.62% indicate its profitability and asset utilization efficiency.
- The company's liquidity position is assessed as medium, with a current ratio of 1.76.
- The risk assessment indicates a low dilution risk and a medium liquidity risk.
- The company's financial performance in the latest period shows a revenue of PKR 633,486,570 and a net income of PKR 155,371,580.
- # RATIONALES
- **margin_outlook_rationale**: The company's margin outlook is positive, driven by its strong ROE and ROA.
- **rd_outlook_rationale**: The company's R&D outlook is not explicitly detailed in the provided data.
- Net cash is negative after subtracting total debt.