Allawasaya Textile & Finishing Mills Balance Sheet Health
Financial Health criteria checks 3/6
Allawasaya Textile & Finishing Mills has a total shareholder equity of PKR1.6B and total debt of PKR1.2B, which brings its debt-to-equity ratio to 72.7%. Its total assets and total liabilities are PKR3.7B and PKR2.0B respectively. Allawasaya Textile & Finishing Mills's EBIT is PKR219.7M making its interest coverage ratio 0.8. It has cash and short-term investments of PKR14.3M.
Key information
72.7%
Debt to equity ratio
PK₨1.18b
Debt
Interest coverage ratio | 0.8x |
Cash | PK₨14.26m |
Equity | PK₨1.62b |
Total liabilities | PK₨2.04b |
Total assets | PK₨3.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AWTX's short term assets (PKR1.4B) do not cover its short term liabilities (PKR1.7B).
Long Term Liabilities: AWTX's short term assets (PKR1.4B) exceed its long term liabilities (PKR387.3M).
Debt to Equity History and Analysis
Debt Level: AWTX's net debt to equity ratio (71.8%) is considered high.
Reducing Debt: AWTX's debt to equity ratio has reduced from 84.9% to 72.7% over the past 5 years.
Debt Coverage: AWTX's debt is well covered by operating cash flow (30.7%).
Interest Coverage: AWTX's interest payments on its debt are not well covered by EBIT (0.8x coverage).