D.M. Textile Mills Balance Sheet Health
Financial Health criteria checks 2/6
D.M. Textile Mills has a total shareholder equity of PKR655.0M and total debt of PKR4.0M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are PKR785.7M and PKR130.7M respectively.
Key information
0.6%
Debt to equity ratio
PK₨3.99m
Debt
| Interest coverage ratio | n/a |
| Cash | PK₨2.18m |
| Equity | PK₨655.03m |
| Total liabilities | PK₨130.70m |
| Total assets | PK₨785.73m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DMTX's short term assets (PKR114.3M) do not cover its short term liabilities (PKR125.6M).
Long Term Liabilities: DMTX's short term assets (PKR114.3M) exceed its long term liabilities (PKR5.1M).
Debt to Equity History and Analysis
Debt Level: DMTX's net debt to equity ratio (0.3%) is considered satisfactory.
Reducing Debt: DMTX's debt to equity ratio has increased from 0.5% to 0.6% over the past 5 years.
Debt Coverage: DMTX's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if DMTX's interest payments on its debt are well covered by EBIT.