Din Textile Mills Balance Sheet Health
Financial Health criteria checks 4/6
Din Textile Mills has a total shareholder equity of PKR9.8B and total debt of PKR11.8B, which brings its debt-to-equity ratio to 121.4%. Its total assets and total liabilities are PKR34.5B and PKR24.7B respectively. Din Textile Mills's EBIT is PKR1.5B making its interest coverage ratio 0.4. It has cash and short-term investments of PKR150.8M.
Key information
121.4%
Debt to equity ratio
PK₨11.84b
Debt
| Interest coverage ratio | 0.4x |
| Cash | PK₨150.80m |
| Equity | PK₨9.76b |
| Total liabilities | PK₨24.71b |
| Total assets | PK₨34.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DINT's short term assets (PKR18.0B) exceed its short term liabilities (PKR17.1B).
Long Term Liabilities: DINT's short term assets (PKR18.0B) exceed its long term liabilities (PKR7.6B).
Debt to Equity History and Analysis
Debt Level: DINT's net debt to equity ratio (119.8%) is considered high.
Reducing Debt: DINT's debt to equity ratio has reduced from 188.4% to 121.4% over the past 5 years.
Debt Coverage: DINT's debt is well covered by operating cash flow (21.2%).
Interest Coverage: DINT's interest payments on its debt are not well covered by EBIT (0.4x coverage).