Dewan Farooque Spinning Mills Balance Sheet Health
Financial Health criteria checks 3/6
Dewan Farooque Spinning Mills has a total shareholder equity of PKR1.4B and total debt of PKR874.2M, which brings its debt-to-equity ratio to 63.1%. Its total assets and total liabilities are PKR3.1B and PKR1.7B respectively.
Key information
63.1%
Debt to equity ratio
PK₨874.18m
Debt
Interest coverage ratio | n/a |
Cash | PK₨9.22m |
Equity | PK₨1.38b |
Total liabilities | PK₨1.75b |
Total assets | PK₨3.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DFSM's short term assets (PKR107.5M) do not cover its short term liabilities (PKR1.5B).
Long Term Liabilities: DFSM's short term assets (PKR107.5M) do not cover its long term liabilities (PKR288.0M).
Debt to Equity History and Analysis
Debt Level: DFSM's net debt to equity ratio (62.5%) is considered high.
Reducing Debt: DFSM's debt to equity ratio has reduced from 84% to 63.1% 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 31.2% per year.