Fateh Sports Wear Balance Sheet Health
Financial Health criteria checks 4/6
Fateh Sports Wear has a total shareholder equity of PKR567.0M and total debt of PKR25.1M, which brings its debt-to-equity ratio to 4.4%. Its total assets and total liabilities are PKR598.0M and PKR30.9M respectively.
Key information
4.4%
Debt to equity ratio
PK₨25.14m
Debt
Interest coverage ratio | n/a |
Cash | PK₨205.30k |
Equity | PK₨567.05m |
Total liabilities | PK₨30.91m |
Total assets | PK₨597.96m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FSWL's short term assets (PKR557.7M) exceed its short term liabilities (PKR30.9M).
Long Term Liabilities: FSWL has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: FSWL's net debt to equity ratio (4.4%) is considered satisfactory.
Reducing Debt: FSWL had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: FSWL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if FSWL's interest payments on its debt are well covered by EBIT.