Janana De Malucho Textile Mills Balance Sheet Health
Financial Health criteria checks 4/6
Janana De Malucho Textile Mills has a total shareholder equity of PKR6.5B and total debt of PKR1.2B, which brings its debt-to-equity ratio to 19.1%. Its total assets and total liabilities are PKR9.1B and PKR2.6B respectively. Janana De Malucho Textile Mills's EBIT is PKR132.9M making its interest coverage ratio 0.4. It has cash and short-term investments of PKR7.8M.
Key information
19.1%
Debt to equity ratio
PK₨1.25b
Debt
Interest coverage ratio | 0.4x |
Cash | PK₨7.79m |
Equity | PK₨6.54b |
Total liabilities | PK₨2.57b |
Total assets | PK₨9.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JDMT's short term assets (PKR1.5B) do not cover its short term liabilities (PKR2.0B).
Long Term Liabilities: JDMT's short term assets (PKR1.5B) exceed its long term liabilities (PKR605.1M).
Debt to Equity History and Analysis
Debt Level: JDMT's net debt to equity ratio (19%) is considered satisfactory.
Reducing Debt: JDMT's debt to equity ratio has reduced from 27.6% to 19.1% over the past 5 years.
Debt Coverage: JDMT's debt is well covered by operating cash flow (48.6%).
Interest Coverage: JDMT's interest payments on its debt are not well covered by EBIT (0.4x coverage).