Nagina Cotton Mills Limited

KASE:NAGC Stock Report

Market Cap: PK₨935.9m

Nagina Cotton Mills Balance Sheet Health

Financial Health criteria checks 3/6

Nagina Cotton Mills has a total shareholder equity of PKR4.7B and total debt of PKR6.0B, which brings its debt-to-equity ratio to 127.6%. Its total assets and total liabilities are PKR12.8B and PKR8.1B respectively. Nagina Cotton Mills's EBIT is PKR809.6M making its interest coverage ratio 1. It has cash and short-term investments of PKR546.0M.

Key information

127.6%

Debt to equity ratio

PK₨6.04b

Debt

Interest coverage ratio1x
CashPK₨545.95m
EquityPK₨4.73b
Total liabilitiesPK₨8.07b
Total assetsPK₨12.81b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: NAGC's short term assets (PKR6.9B) exceed its short term liabilities (PKR3.1B).

Long Term Liabilities: NAGC's short term assets (PKR6.9B) exceed its long term liabilities (PKR4.9B).


Debt to Equity History and Analysis

Debt Level: NAGC's net debt to equity ratio (116.1%) is considered high.

Reducing Debt: NAGC's debt to equity ratio has increased from 85.9% to 127.6% over the past 5 years.

Debt Coverage: NAGC's debt is well covered by operating cash flow (36.8%).

Interest Coverage: NAGC's interest payments on its debt are not well covered by EBIT (1x coverage).


Balance Sheet


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