Crescent Fibres Balance Sheet Health
Financial Health criteria checks 5/6
Crescent Fibres has a total shareholder equity of PKR4.3B and total debt of PKR827.9M, which brings its debt-to-equity ratio to 19.1%. Its total assets and total liabilities are PKR7.3B and PKR2.9B respectively.
Key information
19.1%
Debt to equity ratio
PK₨827.88m
Debt
Interest coverage ratio | n/a |
Cash | PK₨216.19m |
Equity | PK₨4.34b |
Total liabilities | PK₨2.94b |
Total assets | PK₨7.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CFL's short term assets (PKR5.4B) exceed its short term liabilities (PKR2.4B).
Long Term Liabilities: CFL's short term assets (PKR5.4B) exceed its long term liabilities (PKR518.2M).
Debt to Equity History and Analysis
Debt Level: CFL's net debt to equity ratio (14.1%) is considered satisfactory.
Reducing Debt: CFL's debt to equity ratio has reduced from 33.8% to 19.1% over the past 5 years.
Debt Coverage: CFL's debt is well covered by operating cash flow (52.4%).
Interest Coverage: Insufficient data to determine if CFL's interest payments on its debt are well covered by EBIT.