Faisal Spinning Mills Balance Sheet Health
Financial Health criteria checks 2/6
Faisal Spinning Mills has a total shareholder equity of PKR12.1B and total debt of PKR13.5B, which brings its debt-to-equity ratio to 111.8%. Its total assets and total liabilities are PKR33.7B and PKR21.6B respectively.
Key information
111.8%
Debt to equity ratio
PK₨13.50b
Debt
| Interest coverage ratio | n/a |
| Cash | PK₨472.73m |
| Equity | PK₨12.08b |
| Total liabilities | PK₨21.60b |
| Total assets | PK₨33.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FASM's short term assets (PKR22.1B) exceed its short term liabilities (PKR17.4B).
Long Term Liabilities: FASM's short term assets (PKR22.1B) exceed its long term liabilities (PKR4.2B).
Debt to Equity History and Analysis
Debt Level: FASM's net debt to equity ratio (107.9%) is considered high.
Reducing Debt: FASM's debt to equity ratio has increased from 40.8% to 111.8% over the past 5 years.
Debt Coverage: FASM's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if FASM's interest payments on its debt are well covered by EBIT.