Mahmood Textile Mills Balance Sheet Health
Financial Health criteria checks 2/6
Mahmood Textile Mills has a total shareholder equity of PKR17.5B and total debt of PKR28.9B, which brings its debt-to-equity ratio to 165.2%. Its total assets and total liabilities are PKR56.4B and PKR38.9B respectively. Mahmood Textile Mills's EBIT is PKR6.0B making its interest coverage ratio 1.3. It has cash and short-term investments of PKR60.8M.
Key information
165.2%
Debt to equity ratio
PK₨28.91b
Debt
| Interest coverage ratio | 1.3x |
| Cash | PK₨60.84m |
| Equity | PK₨17.50b |
| Total liabilities | PK₨38.86b |
| Total assets | PK₨56.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MEHT's short term assets (PKR32.1B) exceed its short term liabilities (PKR29.4B).
Long Term Liabilities: MEHT's short term assets (PKR32.1B) exceed its long term liabilities (PKR9.4B).
Debt to Equity History and Analysis
Debt Level: MEHT's net debt to equity ratio (164.9%) is considered high.
Reducing Debt: MEHT's debt to equity ratio has increased from 155% to 165.2% over the past 5 years.
Debt Coverage: MEHT's debt is not well covered by operating cash flow (8.4%).
Interest Coverage: MEHT's interest payments on its debt are not well covered by EBIT (1.3x coverage).