Colony Textile Mills Balance Sheet Health
Financial Health criteria checks 2/6
Colony Textile Mills has a total shareholder equity of PKR6.7B and total debt of PKR9.2B, which brings its debt-to-equity ratio to 136.7%. Its total assets and total liabilities are PKR29.1B and PKR22.4B respectively.
Key information
136.7%
Debt to equity ratio
PK₨9.20b
Debt
| Interest coverage ratio | n/a |
| Cash | PK₨72.29m |
| Equity | PK₨6.73b |
| Total liabilities | PK₨22.39b |
| Total assets | PK₨29.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CTM's short term assets (PKR8.8B) do not cover its short term liabilities (PKR11.3B).
Long Term Liabilities: CTM's short term assets (PKR8.8B) do not cover its long term liabilities (PKR11.1B).
Debt to Equity History and Analysis
Debt Level: CTM's net debt to equity ratio (135.6%) is considered high.
Reducing Debt: CTM's debt to equity ratio has increased from 120.4% to 136.7% 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 CTM has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CTM is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 0.3% per year.