Feroze1888 Mills Balance Sheet Health
Financial Health criteria checks 2/6
Feroze1888 Mills has a total shareholder equity of PKR33.7B and total debt of PKR30.4B, which brings its debt-to-equity ratio to 90.3%. Its total assets and total liabilities are PKR80.8B and PKR47.2B respectively. Feroze1888 Mills's EBIT is PKR4.1B making its interest coverage ratio 1.1. It has cash and short-term investments of PKR923.5M.
Key information
90.3%
Debt to equity ratio
PK₨30.38b
Debt
| Interest coverage ratio | 1.1x |
| Cash | PK₨923.48m |
| Equity | PK₨33.66b |
| Total liabilities | PK₨47.18b |
| Total assets | PK₨80.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FML's short term assets (PKR44.8B) exceed its short term liabilities (PKR39.0B).
Long Term Liabilities: FML's short term assets (PKR44.8B) exceed its long term liabilities (PKR8.2B).
Debt to Equity History and Analysis
Debt Level: FML's net debt to equity ratio (87.5%) is considered high.
Reducing Debt: FML's debt to equity ratio has increased from 45.8% to 90.3% over the past 5 years.
Debt Coverage: FML's debt is not well covered by operating cash flow (11.8%).
Interest Coverage: FML's interest payments on its debt are not well covered by EBIT (1.1x coverage).