Kohinoor Spinning Mills Balance Sheet Health
Financial Health criteria checks 2/6
Kohinoor Spinning Mills has a total shareholder equity of PKR525.7M and total debt of PKR2.7B, which brings its debt-to-equity ratio to 509.4%. Its total assets and total liabilities are PKR4.2B and PKR3.7B respectively.
Key information
509.4%
Debt to equity ratio
PK₨2.68b
Debt
| Interest coverage ratio | n/a |
| Cash | PK₨868.31k |
| Equity | PK₨525.72m |
| Total liabilities | PK₨3.69b |
| Total assets | PK₨4.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KOSM's short term assets (PKR730.9M) do not cover its short term liabilities (PKR3.1B).
Long Term Liabilities: KOSM's short term assets (PKR730.9M) exceed its long term liabilities (PKR617.3M).
Debt to Equity History and Analysis
Debt Level: KOSM's net debt to equity ratio (509.2%) 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 30.5% each year