Shadab Textile Mills Balance Sheet Health
Financial Health criteria checks 3/6
Shadab Textile Mills has a total shareholder equity of PKR1.5B and total debt of PKR706.1M, which brings its debt-to-equity ratio to 47%. Its total assets and total liabilities are PKR2.7B and PKR1.2B respectively. Shadab Textile Mills's EBIT is PKR82.7M making its interest coverage ratio 0.6. It has cash and short-term investments of PKR24.5M.
Key information
47.0%
Debt to equity ratio
PK₨706.10m
Debt
Interest coverage ratio | 0.6x |
Cash | PK₨24.50m |
Equity | PK₨1.50b |
Total liabilities | PK₨1.21b |
Total assets | PK₨2.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SHDT's short term assets (PKR1.2B) exceed its short term liabilities (PKR910.3M).
Long Term Liabilities: SHDT's short term assets (PKR1.2B) exceed its long term liabilities (PKR299.2M).
Debt to Equity History and Analysis
Debt Level: SHDT's net debt to equity ratio (45.4%) is considered high.
Reducing Debt: SHDT's debt to equity ratio has increased from 18.9% to 47% over the past 5 years.
Debt Coverage: SHDT's debt is well covered by operating cash flow (36.9%).
Interest Coverage: SHDT's interest payments on its debt are not well covered by EBIT (0.6x coverage).