Masood Textile Mills Balance Sheet Health
Financial Health criteria checks 3/6
Masood Textile Mills has a total shareholder equity of PKR18.4B and total debt of PKR24.9B, which brings its debt-to-equity ratio to 135.4%. Its total assets and total liabilities are PKR56.8B and PKR38.4B respectively. Masood Textile Mills's EBIT is PKR5.4B making its interest coverage ratio 1.3. It has cash and short-term investments of PKR1.2B.
Key information
135.4%
Debt to equity ratio
PK₨24.87b
Debt
Interest coverage ratio | 1.3x |
Cash | PK₨1.18b |
Equity | PK₨18.37b |
Total liabilities | PK₨38.44b |
Total assets | PK₨56.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MSOT's short term assets (PKR39.6B) exceed its short term liabilities (PKR34.7B).
Long Term Liabilities: MSOT's short term assets (PKR39.6B) exceed its long term liabilities (PKR3.7B).
Debt to Equity History and Analysis
Debt Level: MSOT's net debt to equity ratio (128.9%) is considered high.
Reducing Debt: MSOT's debt to equity ratio has reduced from 187% to 135.4% over the past 5 years.
Debt Coverage: MSOT's debt is not well covered by operating cash flow (6.4%).
Interest Coverage: MSOT's interest payments on its debt are not well covered by EBIT (1.3x coverage).