Colony Textile Mills Balance Sheet Health
Financial Health criteria checks 2/6
Colony Textile Mills has a total shareholder equity of PKR10.0B and total debt of PKR10.1B, which brings its debt-to-equity ratio to 101.4%. Its total assets and total liabilities are PKR29.0B and PKR19.0B respectively.
Key information
101.4%
Debt to equity ratio
PK₨10.12b
Debt
Interest coverage ratio | n/a |
Cash | PK₨73.66m |
Equity | PK₨9.99b |
Total liabilities | PK₨19.00b |
Total assets | PK₨28.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CTM's short term assets (PKR8.8B) exceed its short term liabilities (PKR8.2B).
Long Term Liabilities: CTM's short term assets (PKR8.8B) do not cover its long term liabilities (PKR10.8B).
Debt to Equity History and Analysis
Debt Level: CTM's net debt to equity ratio (100.6%) is considered high.
Reducing Debt: CTM's debt to equity ratio has reduced from 148.6% to 101.4% over the past 5 years.
Debt Coverage: CTM's debt is not well covered by operating cash flow (8.2%).
Interest Coverage: Insufficient data to determine if CTM's interest payments on its debt are well covered by EBIT.