Ellcot Spinning Mills Financial Health
How is Ellcot Spinning Mills's financial position?
Financial Health Score3/6
Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
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).