Feroze1888 Mills Balance Sheet Health
Financial Health criteria checks 3/6
Feroze1888 Mills has a total shareholder equity of PKR33.6B and total debt of PKR28.1B, which brings its debt-to-equity ratio to 83.8%. Its total assets and total liabilities are PKR78.0B and PKR44.4B respectively. Feroze1888 Mills's EBIT is PKR6.1B making its interest coverage ratio 1.9. It has cash and short-term investments of PKR602.4M.
Key information
83.8%
Debt to equity ratio
PK₨28.15b
Debt
Interest coverage ratio | 1.9x |
Cash | PK₨602.41m |
Equity | PK₨33.60b |
Total liabilities | PK₨44.39b |
Total assets | PK₨77.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FML's short term assets (PKR42.3B) exceed its short term liabilities (PKR36.0B).
Long Term Liabilities: FML's short term assets (PKR42.3B) exceed its long term liabilities (PKR8.4B).
Debt to Equity History and Analysis
Debt Level: FML's net debt to equity ratio (82%) is considered high.
Reducing Debt: FML's debt to equity ratio has increased from 48% to 83.8% over the past 5 years.
Debt Coverage: FML's debt is well covered by operating cash flow (25.4%).
Interest Coverage: FML's interest payments on its debt are not well covered by EBIT (1.9x coverage).