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 ratio | 2.6x |
| Cash | PK₨32.68m |
| Equity | PK₨1.65b |
| Total liabilities | PK₨1.32b |
| Total assets | PK₨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).