Artistic Denim Mills Balance Sheet Health
Financial Health criteria checks 1/6
Artistic Denim Mills has a total shareholder equity of PKR8.1B and total debt of PKR10.0B, which brings its debt-to-equity ratio to 123.8%. Its total assets and total liabilities are PKR22.2B and PKR14.1B respectively. Artistic Denim Mills's EBIT is PKR1.4B making its interest coverage ratio 1.4. It has cash and short-term investments of PKR575.8M.
Key information
123.8%
Debt to equity ratio
PK₨10.03b
Debt
| Interest coverage ratio | 1.4x |
| Cash | PK₨575.75m |
| Equity | PK₨8.10b |
| Total liabilities | PK₨14.12b |
| Total assets | PK₨22.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ADMM's short term assets (PKR10.5B) do not cover its short term liabilities (PKR11.1B).
Long Term Liabilities: ADMM's short term assets (PKR10.5B) exceed its long term liabilities (PKR3.0B).
Debt to Equity History and Analysis
Debt Level: ADMM's net debt to equity ratio (116.7%) is considered high.
Reducing Debt: ADMM's debt to equity ratio has increased from 68.5% to 123.8% over the past 5 years.
Debt Coverage: ADMM's debt is not well covered by operating cash flow (10.4%).
Interest Coverage: ADMM's interest payments on its debt are not well covered by EBIT (1.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 00:35 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Artistic Denim Mills Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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