Landmark Spinning Industries Balance Sheet Health
Financial Health criteria checks 4/6
Landmark Spinning Industries has a total shareholder equity of PKR922.6M and total debt of PKR19.0M, which brings its debt-to-equity ratio to 2.1%. Its total assets and total liabilities are PKR961.6M and PKR38.9M respectively.
Key information
2.1%
Debt to equity ratio
PK₨18.96m
Debt
| Interest coverage ratio | n/a |
| Cash | PK₨29.33m |
| Equity | PK₨922.64m |
| Total liabilities | PK₨38.92m |
| Total assets | PK₨961.56m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LMSM's short term assets (PKR282.5M) exceed its short term liabilities (PKR38.9M).
Long Term Liabilities: LMSM has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: LMSM has more cash than its total debt.
Reducing Debt: LMSM had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: LMSM's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if LMSM's interest payments on its debt are well covered by EBIT.