Ellcot Spinning Mills Financial Health

How is Ellcot Spinning Mills's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: ELSM's short term assets (PKR5.8B) exceed its short term liabilities (PKR2.5B).

Long Term Liabilities: ELSM's short term assets (PKR5.8B) exceed its long term liabilities (PKR3.7B).


Debt to Equity History and Analysis

Debt Level: ELSM's net debt to equity ratio (112.9%) is considered high.

Reducing Debt: ELSM's debt to equity ratio has increased from 97.7% to 119.9% over the past 5 years.

Debt Coverage: ELSM's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: ELSM's interest payments on its debt are well covered by EBIT (20.8x coverage).


Balance Sheet


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