National Silk & Rayon Mills Balance Sheet Health
Financial Health criteria checks 5/6
National Silk & Rayon Mills has a total shareholder equity of PKR1.4B and total debt of PKR169.4M, which brings its debt-to-equity ratio to 12%. Its total assets and total liabilities are PKR2.0B and PKR631.7M respectively.
Key information
12.0%
Debt to equity ratio
PK₨169.38m
Debt
Interest coverage ratio | n/a |
Cash | PK₨88.25m |
Equity | PK₨1.41b |
Total liabilities | PK₨631.72m |
Total assets | PK₨2.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NSRM's short term assets (PKR650.2M) exceed its short term liabilities (PKR615.5M).
Long Term Liabilities: NSRM's short term assets (PKR650.2M) exceed its long term liabilities (PKR16.2M).
Debt to Equity History and Analysis
Debt Level: NSRM's net debt to equity ratio (5.8%) is considered satisfactory.
Reducing Debt: NSRM's debt to equity ratio has reduced from 13.9% to 12% over the past 5 years.
Debt Coverage: NSRM's debt is well covered by operating cash flow (40.7%).
Interest Coverage: Insufficient data to determine if NSRM's interest payments on its debt are well covered by EBIT.