Kohinoor Spinning Mills Balance Sheet Health
Financial Health criteria checks 2/6
Kohinoor Spinning Mills has a total shareholder equity of PKR838.3M and total debt of PKR2.5B, which brings its debt-to-equity ratio to 295.8%. Its total assets and total liabilities are PKR4.5B and PKR3.7B respectively.
Key information
295.8%
Debt to equity ratio
PK₨2.48b
Debt
Interest coverage ratio | n/a |
Cash | PK₨992.54k |
Equity | PK₨838.28m |
Total liabilities | PK₨3.68b |
Total assets | PK₨4.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KOSM's short term assets (PKR935.7M) do not cover its short term liabilities (PKR3.2B).
Long Term Liabilities: KOSM's short term assets (PKR935.7M) exceed its long term liabilities (PKR436.1M).
Debt to Equity History and Analysis
Debt Level: KOSM's net debt to equity ratio (295.7%) is considered high.
Reducing Debt: KOSM had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: KOSM has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: KOSM has less than a year of cash runway if free cash flow continues to reduce at historical rates of 30.4% each year