Allawasaya Textile & Finishing Mills Balance Sheet Health
Financial Health criteria checks 3/6
Allawasaya Textile & Finishing Mills has a total shareholder equity of PKR1.4B and total debt of PKR947.8M, which brings its debt-to-equity ratio to 68.5%. Its total assets and total liabilities are PKR3.5B and PKR2.1B respectively. Allawasaya Textile & Finishing Mills's EBIT is PKR24.4M making its interest coverage ratio 0.1. It has cash and short-term investments of PKR41.2M.
Key information
68.5%
Debt to equity ratio
PK₨947.84m
Debt
| Interest coverage ratio | 0.1x |
| Cash | PK₨41.16m |
| Equity | PK₨1.38b |
| Total liabilities | PK₨2.12b |
| Total assets | PK₨3.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AWTX's short term assets (PKR1.3B) do not cover its short term liabilities (PKR1.6B).
Long Term Liabilities: AWTX's short term assets (PKR1.3B) exceed its long term liabilities (PKR510.1M).
Debt to Equity History and Analysis
Debt Level: AWTX's net debt to equity ratio (65.5%) is considered high.
Reducing Debt: AWTX's debt to equity ratio has increased from 46% to 68.5% 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 AWTX has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: AWTX is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 11.3% per year.