Din Textile Mills Balance Sheet Health
Financial Health criteria checks 2/6
Din Textile Mills has a total shareholder equity of PKR8.4B and total debt of PKR12.3B, which brings its debt-to-equity ratio to 145.8%. Its total assets and total liabilities are PKR35.0B and PKR26.6B respectively. Din Textile Mills's EBIT is PKR1.9B making its interest coverage ratio 0.5. It has cash and short-term investments of PKR1.5B.
Key information
145.8%
Debt to equity ratio
PK₨12.25b
Debt
| Interest coverage ratio | 0.5x |
| Cash | PK₨1.53b |
| Equity | PK₨8.40b |
| Total liabilities | PK₨26.59b |
| Total assets | PK₨34.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DINT's short term assets (PKR19.1B) do not cover its short term liabilities (PKR19.2B).
Long Term Liabilities: DINT's short term assets (PKR19.1B) exceed its long term liabilities (PKR7.4B).
Debt to Equity History and Analysis
Debt Level: DINT's net debt to equity ratio (127.6%) is considered high.
Reducing Debt: DINT's debt to equity ratio has reduced from 268.1% to 145.8% over the past 5 years.
Debt Coverage: DINT's debt is not well covered by operating cash flow (3.7%).
Interest Coverage: DINT's interest payments on its debt are not well covered by EBIT (0.5x coverage).