Shadab Textile Mills Limited

KASE:SHDT Stock Report

Market Cap: PK₨389.3m

Shadab Textile Mills Balance Sheet Health

Financial Health criteria checks 3/6

Shadab Textile Mills has a total shareholder equity of PKR1.6B and total debt of PKR724.7M, which brings its debt-to-equity ratio to 43.9%. Its total assets and total liabilities are PKR3.0B and PKR1.3B respectively. Shadab Textile Mills's EBIT is PKR318.8M making its interest coverage ratio 2.6. It has cash and short-term investments of PKR32.7M.

Key information

43.9%

Debt to equity ratio

PK₨724.66m

Debt

Interest coverage ratio2.6x
CashPK₨32.68m
EquityPK₨1.65b
Total liabilitiesPK₨1.32b
Total assetsPK₨2.97b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: SHDT's short term assets (PKR1.5B) exceed its short term liabilities (PKR1.1B).

Long Term Liabilities: SHDT's short term assets (PKR1.5B) exceed its long term liabilities (PKR215.6M).


Debt to Equity History and Analysis

Debt Level: SHDT's net debt to equity ratio (42%) is considered high.

Reducing Debt: SHDT's debt to equity ratio has increased from 15.6% to 43.9% over the past 5 years.

Debt Coverage: SHDT's debt is well covered by operating cash flow (34.1%).

Interest Coverage: SHDT's interest payments on its debt are not well covered by EBIT (2.6x coverage).


Balance Sheet


Discover healthy companies