D.M. Textile Mills Balance Sheet Health
Financial Health criteria checks 2/6
D.M. Textile Mills has a total shareholder equity of PKR642.5M and total debt of PKR17.1M, which brings its debt-to-equity ratio to 2.7%. Its total assets and total liabilities are PKR782.3M and PKR139.8M respectively.
Key information
2.7%
Debt to equity ratio
PK₨17.13m
Debt
Interest coverage ratio | n/a |
Cash | PK₨1.66m |
Equity | PK₨642.54m |
Total liabilities | PK₨139.80m |
Total assets | PK₨782.34m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DMTX's short term assets (PKR23.6M) do not cover its short term liabilities (PKR135.3M).
Long Term Liabilities: DMTX's short term assets (PKR23.6M) exceed its long term liabilities (PKR4.5M).
Debt to Equity History and Analysis
Debt Level: DMTX's net debt to equity ratio (2.4%) is considered satisfactory.
Reducing Debt: DMTX's debt to equity ratio has increased from 2.4% to 2.7% 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.