Shahzad Textile Mills Balance Sheet Health
Financial Health criteria checks 3/6
Shahzad Textile Mills has a total shareholder equity of PKR3.0B and total debt of PKR940.4M, which brings its debt-to-equity ratio to 31.2%. Its total assets and total liabilities are PKR5.6B and PKR2.6B respectively.
Key information
31.2%
Debt to equity ratio
PK₨940.43m
Debt
| Interest coverage ratio | n/a |
| Cash | PK₨137.79m |
| Equity | PK₨3.01b |
| Total liabilities | PK₨2.61b |
| Total assets | PK₨5.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SZTM's short term assets (PKR2.2B) exceed its short term liabilities (PKR1.9B).
Long Term Liabilities: SZTM's short term assets (PKR2.2B) exceed its long term liabilities (PKR666.4M).
Debt to Equity History and Analysis
Debt Level: SZTM's net debt to equity ratio (26.6%) is considered satisfactory.
Reducing Debt: SZTM's debt to equity ratio has increased from 12% to 31.2% over the past 5 years.
Debt Coverage: SZTM's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if SZTM's interest payments on its debt are well covered by EBIT.