AN Textile Mills Balance Sheet Health
Financial Health criteria checks 3/6
AN Textile Mills has a total shareholder equity of PKR754.2M and total debt of PKR547.0M, which brings its debt-to-equity ratio to 72.5%. Its total assets and total liabilities are PKR2.0B and PKR1.3B respectively.
Key information
72.5%
Debt to equity ratio
PK₨547.05m
Debt
| Interest coverage ratio | n/a |
| Cash | PK₨38.80m |
| Equity | PK₨754.15m |
| Total liabilities | PK₨1.28b |
| Total assets | PK₨2.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ANTM's short term assets (PKR810.0M) do not cover its short term liabilities (PKR1.1B).
Long Term Liabilities: ANTM's short term assets (PKR810.0M) exceed its long term liabilities (PKR156.6M).
Debt to Equity History and Analysis
Debt Level: ANTM's net debt to equity ratio (67.4%) is considered high.
Reducing Debt: ANTM's debt to equity ratio has increased from 50% to 72.5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable ANTM has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ANTM is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 0.9% per year.