Kohinoor Textile Mills Balance Sheet Health
Financial Health criteria checks 6/6
Kohinoor Textile Mills has a total shareholder equity of PKR72.1B and total debt of PKR39.5B, which brings its debt-to-equity ratio to 54.9%. Its total assets and total liabilities are PKR145.7B and PKR73.6B respectively. Kohinoor Textile Mills's EBIT is PKR23.6B making its interest coverage ratio 3.9. It has cash and short-term investments of PKR15.0B.
Key information
54.9%
Debt to equity ratio
PK₨39.55b
Debt
Interest coverage ratio | 3.9x |
Cash | PK₨15.03b |
Equity | PK₨72.07b |
Total liabilities | PK₨73.60b |
Total assets | PK₨145.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KTML's short term assets (PKR57.6B) exceed its short term liabilities (PKR40.2B).
Long Term Liabilities: KTML's short term assets (PKR57.6B) exceed its long term liabilities (PKR33.4B).
Debt to Equity History and Analysis
Debt Level: KTML's net debt to equity ratio (34%) is considered satisfactory.
Reducing Debt: KTML's debt to equity ratio has reduced from 70.5% to 54.9% over the past 5 years.
Debt Coverage: KTML's debt is well covered by operating cash flow (45.3%).
Interest Coverage: KTML's interest payments on its debt are well covered by EBIT (3.9x coverage).