Elahi Cotton Mills Balance Sheet Health
Financial Health criteria checks 2/6
Elahi Cotton Mills has a total shareholder equity of PKR94.5M and total debt of PKR112.6M, which brings its debt-to-equity ratio to 119.1%. Its total assets and total liabilities are PKR283.2M and PKR188.6M respectively.
Key information
119.1%
Debt to equity ratio
PK₨112.60m
Debt
| Interest coverage ratio | n/a |
| Cash | PK₨29.75m |
| Equity | PK₨94.54m |
| Total liabilities | PK₨188.62m |
| Total assets | PK₨283.16m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ELCM's short term assets (PKR99.5M) do not cover its short term liabilities (PKR151.3M).
Long Term Liabilities: ELCM's short term assets (PKR99.5M) exceed its long term liabilities (PKR37.3M).
Debt to Equity History and Analysis
Debt Level: ELCM's net debt to equity ratio (87.6%) is considered high.
Reducing Debt: ELCM's debt to equity ratio has reduced from 147.8% to 119.1% over the past 5 years.
Debt Coverage: ELCM's debt is not well covered by operating cash flow (8.8%).
Interest Coverage: Insufficient data to determine if ELCM's interest payments on its debt are well covered by EBIT.