Idrees Textile Mills Balance Sheet Health
Financial Health criteria checks 1/6
Idrees Textile Mills has a total shareholder equity of PKR2.3B and total debt of PKR2.7B, which brings its debt-to-equity ratio to 118.1%. Its total assets and total liabilities are PKR7.0B and PKR4.7B respectively. Idrees Textile Mills's EBIT is PKR260.2M making its interest coverage ratio 0.5. It has cash and short-term investments of PKR132.4M.
Key information
118.1%
Debt to equity ratio
PK₨2.74b
Debt
| Interest coverage ratio | 0.5x |
| Cash | PK₨132.41m |
| Equity | PK₨2.32b |
| Total liabilities | PK₨4.70b |
| Total assets | PK₨7.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IDRT's short term assets (PKR3.7B) do not cover its short term liabilities (PKR3.8B).
Long Term Liabilities: IDRT's short term assets (PKR3.7B) exceed its long term liabilities (PKR858.8M).
Debt to Equity History and Analysis
Debt Level: IDRT's net debt to equity ratio (112.4%) is considered high.
Reducing Debt: IDRT's debt to equity ratio has increased from 82.9% to 118.1% over the past 5 years.
Debt Coverage: IDRT's debt is not well covered by operating cash flow (4%).
Interest Coverage: IDRT's interest payments on its debt are not well covered by EBIT (0.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 01:35 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Idrees Textile Mills Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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