Gadoon Textile Mills Balance Sheet Health
Financial Health criteria checks 3/6
Gadoon Textile Mills has a total shareholder equity of PKR21.0B and total debt of PKR24.0B, which brings its debt-to-equity ratio to 114.5%. Its total assets and total liabilities are PKR58.5B and PKR37.5B respectively. Gadoon Textile Mills's EBIT is PKR4.1B making its interest coverage ratio 1.1. It has cash and short-term investments of PKR496.9M.
Key information
114.5%
Debt to equity ratio
PK₨24.01b
Debt
Interest coverage ratio | 1.1x |
Cash | PK₨496.88m |
Equity | PK₨20.97b |
Total liabilities | PK₨37.53b |
Total assets | PK₨58.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GADT's short term assets (PKR27.3B) exceed its short term liabilities (PKR26.0B).
Long Term Liabilities: GADT's short term assets (PKR27.3B) exceed its long term liabilities (PKR11.5B).
Debt to Equity History and Analysis
Debt Level: GADT's net debt to equity ratio (112.1%) is considered high.
Reducing Debt: GADT's debt to equity ratio has reduced from 182.9% to 114.5% over the past 5 years.
Debt Coverage: GADT's debt is not well covered by operating cash flow (15.9%).
Interest Coverage: GADT's interest payments on its debt are not well covered by EBIT (1.1x coverage).