Towellers Balance Sheet Health
Financial Health criteria checks 5/6
Towellers has a total shareholder equity of PKR8.0B and total debt of PKR38.7M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are PKR10.0B and PKR2.0B respectively. Towellers's EBIT is PKR1.7B making its interest coverage ratio -17.6. It has cash and short-term investments of PKR3.1B.
Key information
0.5%
Debt to equity ratio
PK₨38.68m
Debt
Interest coverage ratio | -17.6x |
Cash | PK₨3.08b |
Equity | PK₨8.00b |
Total liabilities | PK₨2.04b |
Total assets | PK₨10.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TOWL's short term assets (PKR6.5B) exceed its short term liabilities (PKR1.8B).
Long Term Liabilities: TOWL's short term assets (PKR6.5B) exceed its long term liabilities (PKR203.7M).
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 0.01% to 0.5% over the past 5 years.
Debt Coverage: TOWL's debt is well covered by operating cash flow (4993.4%).
Interest Coverage: TOWL earns more interest than it pays, so coverage of interest payments is not a concern.