Bannu Woollen Mills Balance Sheet Health
Financial Health criteria checks 5/6
Bannu Woollen Mills has a total shareholder equity of PKR3.1B and total debt of PKR396.8M, which brings its debt-to-equity ratio to 12.7%. Its total assets and total liabilities are PKR3.9B and PKR758.2M respectively. Bannu Woollen Mills's EBIT is PKR54.6M making its interest coverage ratio 0.6. It has cash and short-term investments of PKR4.3M.
Key information
12.7%
Debt to equity ratio
PK₨396.80m
Debt
| Interest coverage ratio | 0.6x |
| Cash | PK₨4.31m |
| Equity | PK₨3.13b |
| Total liabilities | PK₨758.22m |
| Total assets | PK₨3.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BNWM's short term assets (PKR1.2B) exceed its short term liabilities (PKR555.0M).
Long Term Liabilities: BNWM's short term assets (PKR1.2B) exceed its long term liabilities (PKR203.3M).
Debt to Equity History and Analysis
Debt Level: BNWM's net debt to equity ratio (12.5%) is considered satisfactory.
Reducing Debt: BNWM's debt to equity ratio has reduced from 14.8% to 12.7% over the past 5 years.
Debt Coverage: BNWM's debt is well covered by operating cash flow (23.1%).
Interest Coverage: BNWM's interest payments on its debt are not well covered by EBIT (0.6x coverage).