Shahmurad Sugar Mills Balance Sheet Health
Financial Health criteria checks 6/6
Shahmurad Sugar Mills has a total shareholder equity of PKR14.8B and total debt of PKR6.6B, which brings its debt-to-equity ratio to 44.7%. Its total assets and total liabilities are PKR25.0B and PKR10.2B respectively. Shahmurad Sugar Mills's EBIT is PKR5.1B making its interest coverage ratio 5.4. It has cash and short-term investments of PKR4.8B.
Key information
44.7%
Debt to equity ratio
PK₨6.60b
Debt
Interest coverage ratio | 5.4x |
Cash | PK₨4.83b |
Equity | PK₨14.79b |
Total liabilities | PK₨10.17b |
Total assets | PK₨24.96b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SHSML's short term assets (PKR14.1B) exceed its short term liabilities (PKR8.8B).
Long Term Liabilities: SHSML's short term assets (PKR14.1B) exceed its long term liabilities (PKR1.4B).
Debt to Equity History and Analysis
Debt Level: SHSML's net debt to equity ratio (12%) is considered satisfactory.
Reducing Debt: SHSML's debt to equity ratio has reduced from 134.6% to 44.7% over the past 5 years.
Debt Coverage: SHSML's debt is well covered by operating cash flow (65.1%).
Interest Coverage: SHSML's interest payments on its debt are well covered by EBIT (5.4x coverage).