PIA Holding Company Ratios and Metrics

Market cap in millions PKR. Fiscal year is January - December.

Millions PKR. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	2013 - 2017
Period Ending	Apr '25 Apr 23, 2025	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	2013 - 2017
Debt / Equity Ratio	-0.86	-0.90	-0.97	-0.94	-1.03	-1.00	Upgrade
Debt / EBITDA Ratio	25.28	-	-	104.96	35.07	-	Upgrade
Asset Turnover	0.72	0.59	0.32	0.35	0.60	0.50	Upgrade
Inventory Turnover	54.57	54.84	32.68	29.78	40.14	37.08	Upgrade
Quick Ratio	0.09	0.11	0.12	0.11	0.14	0.11	Upgrade
Current Ratio	0.13	0.14	0.15	0.14	0.19	0.15	Upgrade
Return on Assets (ROA)	0.48%	-3.68%	-5.05%	-3.04%	-1.51%	-8.65%	Upgrade
Return on Capital (ROIC)	-	-	-	-	-92.66%	-2863.32%	Upgrade

Source: S&P Global Market Intelligence. Standard template. Financial Sources.