Adam Sugar Mills Balance Sheet Health
Financial Health criteria checks 4/6
Adam Sugar Mills has a total shareholder equity of PKR5.7B and total debt of PKR2.7B, which brings its debt-to-equity ratio to 47.8%. Its total assets and total liabilities are PKR10.7B and PKR5.0B respectively. Adam Sugar Mills's EBIT is PKR821.2M making its interest coverage ratio 2.9. It has cash and short-term investments of PKR584.1M.
Key information
47.8%
Debt to equity ratio
PK₨2.70b
Debt
Interest coverage ratio | 2.9x |
Cash | PK₨584.15m |
Equity | PK₨5.66b |
Total liabilities | PK₨5.02b |
Total assets | PK₨10.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ADAMS's short term assets (PKR4.1B) exceed its short term liabilities (PKR3.7B).
Long Term Liabilities: ADAMS's short term assets (PKR4.1B) exceed its long term liabilities (PKR1.3B).
Debt to Equity History and Analysis
Debt Level: ADAMS's net debt to equity ratio (37.4%) is considered satisfactory.
Reducing Debt: ADAMS's debt to equity ratio has reduced from 111.8% to 47.8% over the past 5 years.
Debt Coverage: ADAMS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ADAMS's interest payments on its debt are not well covered by EBIT (2.9x coverage).