Kohat Textile Mills Balance Sheet Health
Financial Health criteria checks 3/6
Kohat Textile Mills has a total shareholder equity of PKR3.8B and total debt of PKR3.0B, which brings its debt-to-equity ratio to 79%. Its total assets and total liabilities are PKR7.9B and PKR4.1B respectively. Kohat Textile Mills's EBIT is PKR797.7M making its interest coverage ratio 1.4. It has cash and short-term investments of PKR30.4M.
Key information
79.0%
Debt to equity ratio
PK₨3.00b
Debt
| Interest coverage ratio | 1.4x |
| Cash | PK₨30.37m |
| Equity | PK₨3.80b |
| Total liabilities | PK₨4.13b |
| Total assets | PK₨7.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KOHTM's short term assets (PKR2.9B) do not cover its short term liabilities (PKR3.1B).
Long Term Liabilities: KOHTM's short term assets (PKR2.9B) exceed its long term liabilities (PKR1.0B).
Debt to Equity History and Analysis
Debt Level: KOHTM's net debt to equity ratio (78.2%) is considered high.
Reducing Debt: KOHTM's debt to equity ratio has reduced from 131.7% to 79% over the past 5 years.
Debt Coverage: KOHTM's debt is well covered by operating cash flow (22.1%).
Interest Coverage: KOHTM's interest payments on its debt are not well covered by EBIT (1.4x coverage).