AN Textile Mills Balance Sheet Health
Financial Health criteria checks 3/6
AN Textile Mills has a total shareholder equity of PKR784.2M and total debt of PKR625.0M, which brings its debt-to-equity ratio to 79.7%. Its total assets and total liabilities are PKR2.0B and PKR1.2B respectively.
Key information
79.7%
Debt to equity ratio
PK₨624.99m
Debt
Interest coverage ratio | n/a |
Cash | PK₨37.02m |
Equity | PK₨784.16m |
Total liabilities | PK₨1.23b |
Total assets | PK₨2.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ANTM's short term assets (PKR764.0M) do not cover its short term liabilities (PKR1.1B).
Long Term Liabilities: ANTM's short term assets (PKR764.0M) exceed its long term liabilities (PKR125.5M).
Debt to Equity History and Analysis
Debt Level: ANTM's net debt to equity ratio (75%) is considered high.
Reducing Debt: ANTM's debt to equity ratio has increased from 72.9% to 79.7% 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 3.1% per year.