Maqbool Textile Mills Financial Health
How is Maqbool Textile Mills's financial position?
Financial Health Score3/6
Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: MQTM's short term assets (PKR2.0B) do not cover its short term liabilities (PKR2.2B).
Long Term Liabilities: MQTM's short term assets (PKR2.0B) exceed its long term liabilities (PKR1.2B).
Debt to Equity History and Analysis
Debt Level: MQTM's net debt to equity ratio (112.6%) is considered high.
Reducing Debt: MQTM's debt to equity ratio has increased from 102.8% to 112.9% over the past 5 years.
Debt Coverage: MQTM's debt is well covered by operating cash flow (31.9%).
Interest Coverage: MQTM's interest payments on its debt are well covered by EBIT (3x coverage).