Chakwal Spinning Mills Balance Sheet Health
Financial Health criteria checks 5/6
Chakwal Spinning Mills has a total shareholder equity of PKR974.4M and total debt of PKR386.9M, which brings its debt-to-equity ratio to 39.7%. Its total assets and total liabilities are PKR2.2B and PKR1.2B respectively.
Key information
39.7%
Debt to equity ratio
PK₨386.94m
Debt
Interest coverage ratio | n/a |
Cash | PK₨57.91k |
Equity | PK₨974.44m |
Total liabilities | PK₨1.19b |
Total assets | PK₨2.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CWSM's short term assets (PKR36.0M) do not cover its short term liabilities (PKR1.2B).
Long Term Liabilities: CWSM has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CWSM's net debt to equity ratio (39.7%) is considered satisfactory.
Reducing Debt: CWSM's debt to equity ratio has reduced from 3302.6% to 39.7% 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 CWSM has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CWSM is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 34.6% per year.