Al-Abbas Sugar Mills Balance Sheet Health
Financial Health criteria checks 5/6
Al-Abbas Sugar Mills has a total shareholder equity of PKR8.1B and total debt of PKR2.6B, which brings its debt-to-equity ratio to 32.6%. Its total assets and total liabilities are PKR13.4B and PKR5.3B respectively. Al-Abbas Sugar Mills's EBIT is PKR5.0B making its interest coverage ratio 20. It has cash and short-term investments of PKR2.2B.
Key information
32.6%
Debt to equity ratio
PK₨2.64b
Debt
Interest coverage ratio | 20x |
Cash | PK₨2.21b |
Equity | PK₨8.10b |
Total liabilities | PK₨5.29b |
Total assets | PK₨13.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AABS's short term assets (PKR11.8B) exceed its short term liabilities (PKR5.2B).
Long Term Liabilities: AABS's short term assets (PKR11.8B) exceed its long term liabilities (PKR131.1M).
Debt to Equity History and Analysis
Debt Level: AABS's net debt to equity ratio (5.3%) is considered satisfactory.
Reducing Debt: AABS's debt to equity ratio has increased from 18.9% to 32.6% over the past 5 years.
Debt Coverage: AABS's debt is well covered by operating cash flow (59%).
Interest Coverage: AABS's interest payments on its debt are well covered by EBIT (20x coverage).