Zephyr Textiles Balance Sheet Health
Financial Health criteria checks 2/6
Zephyr Textiles has a total shareholder equity of PKR2.5B and total debt of PKR1.6B, which brings its debt-to-equity ratio to 64.6%. Its total assets and total liabilities are PKR6.3B and PKR3.8B respectively. Zephyr Textiles's EBIT is PKR29.1M making its interest coverage ratio 0.1. It has cash and short-term investments of PKR101.2M.
Key information
64.6%
Debt to equity ratio
PK₨1.64b
Debt
| Interest coverage ratio | 0.1x |
| Cash | PK₨101.24m |
| Equity | PK₨2.54b |
| Total liabilities | PK₨3.80b |
| Total assets | PK₨6.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZTL's short term assets (PKR3.5B) do not cover its short term liabilities (PKR3.5B).
Long Term Liabilities: ZTL's short term assets (PKR3.5B) exceed its long term liabilities (PKR279.4M).
Debt to Equity History and Analysis
Debt Level: ZTL's net debt to equity ratio (60.6%) is considered high.
Reducing Debt: ZTL's debt to equity ratio has reduced from 107.6% to 64.6% over the past 5 years.
Debt Coverage: ZTL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ZTL's interest payments on its debt are not well covered by EBIT (0.1x coverage).