Dewan Farooque Spinning Mills Balance Sheet Health
Financial Health criteria checks 3/6
Dewan Farooque Spinning Mills has a total shareholder equity of PKR1.1B and total debt of PKR837.2M, which brings its debt-to-equity ratio to 73%. Its total assets and total liabilities are PKR3.2B and PKR2.1B respectively.
Key information
73.0%
Debt to equity ratio
PK₨837.25m
Debt
| Interest coverage ratio | n/a |
| Cash | PK₨15.67m |
| Equity | PK₨1.15b |
| Total liabilities | PK₨2.07b |
| Total assets | PK₨3.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DFSM's short term assets (PKR184.2M) do not cover its short term liabilities (PKR1.8B).
Long Term Liabilities: DFSM's short term assets (PKR184.2M) do not cover its long term liabilities (PKR270.6M).
Debt to Equity History and Analysis
Debt Level: DFSM's net debt to equity ratio (71.6%) is considered high.
Reducing Debt: DFSM's debt to equity ratio has reduced from 90.3% to 73% 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 DFSM has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: DFSM is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 44.9% per year.