Towellers Balance Sheet Health
Financial Health criteria checks 5/6
Towellers has a total shareholder equity of PKR8.7B and total debt of PKR286.6M, which brings its debt-to-equity ratio to 3.3%. Its total assets and total liabilities are PKR11.9B and PKR3.2B respectively. Towellers's EBIT is PKR115.0M making its interest coverage ratio -0.8. It has cash and short-term investments of PKR1.5B.
Key information
3.3%
Debt to equity ratio
PK₨286.62m
Debt
| Interest coverage ratio | -0.8x |
| Cash | PK₨1.49b |
| Equity | PK₨8.74b |
| Total liabilities | PK₨3.19b |
| Total assets | PK₨11.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TOWL's short term assets (PKR6.3B) exceed its short term liabilities (PKR2.6B).
Long Term Liabilities: TOWL's short term assets (PKR6.3B) exceed its long term liabilities (PKR595.1M).
Debt to Equity History and Analysis
Debt Level: TOWL has more cash than its total debt.
Reducing Debt: TOWL's debt to equity ratio has increased from 0% to 3.3% over the past 5 years.
Debt Coverage: TOWL's debt is well covered by operating cash flow (321.4%).
Interest Coverage: TOWL earns more interest than it pays, so coverage of interest payments is not a concern.