Shams Textile Mills Balance Sheet Health
Financial Health criteria checks 2/6
Shams Textile Mills has a total shareholder equity of PKR852.0M and total debt of PKR458.7M, which brings its debt-to-equity ratio to 53.8%. Its total assets and total liabilities are PKR2.7B and PKR1.8B respectively. Shams Textile Mills's EBIT is PKR75.0M making its interest coverage ratio 0.8. It has cash and short-term investments of PKR37.7M.
Key information
53.8%
Debt to equity ratio
PK₨458.73m
Debt
| Interest coverage ratio | 0.8x |
| Cash | PK₨37.75m |
| Equity | PK₨851.99m |
| Total liabilities | PK₨1.80b |
| Total assets | PK₨2.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: STML's short term assets (PKR1.7B) do not cover its short term liabilities (PKR1.8B).
Long Term Liabilities: STML has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: STML's net debt to equity ratio (49.4%) is considered high.
Reducing Debt: STML's debt to equity ratio has reduced from 69.6% to 53.8% over the past 5 years.
Debt Coverage: STML's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: STML's interest payments on its debt are not well covered by EBIT (0.8x coverage).