Saif Textile Mills Balance Sheet Health
Financial Health criteria checks 2/6
Saif Textile Mills has a total shareholder equity of PKR4.1B and total debt of PKR7.3B, which brings its debt-to-equity ratio to 175%. Its total assets and total liabilities are PKR14.3B and PKR10.1B respectively. Saif Textile Mills's EBIT is PKR1.2B making its interest coverage ratio 0.8. It has cash and short-term investments of PKR20.7M.
Key information
175.0%
Debt to equity ratio
PK₨7.26b
Debt
| Interest coverage ratio | 0.8x |
| Cash | PK₨20.72m |
| Equity | PK₨4.15b |
| Total liabilities | PK₨10.15b |
| Total assets | PK₨14.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SAIF's short term assets (PKR6.3B) do not cover its short term liabilities (PKR7.8B).
Long Term Liabilities: SAIF's short term assets (PKR6.3B) exceed its long term liabilities (PKR2.3B).
Debt to Equity History and Analysis
Debt Level: SAIF's net debt to equity ratio (174.5%) is considered high.
Reducing Debt: SAIF's debt to equity ratio has reduced from 175.4% to 175% over the past 5 years.
Debt Coverage: SAIF's debt is not well covered by operating cash flow (11.6%).
Interest Coverage: SAIF's interest payments on its debt are not well covered by EBIT (0.8x coverage).