Al-Noor Sugar Mills Balance Sheet Health
Financial Health criteria checks 1/6
Al-Noor Sugar Mills has a total shareholder equity of PKR3.3B and total debt of PKR7.2B, which brings its debt-to-equity ratio to 217.6%. Its total assets and total liabilities are PKR13.4B and PKR10.1B respectively. Al-Noor Sugar Mills's EBIT is PKR518.6M making its interest coverage ratio 0.5. It has cash and short-term investments of PKR322.3M.
Key information
217.6%
Debt to equity ratio
PK₨7.21b
Debt
Interest coverage ratio | 0.5x |
Cash | PK₨322.32m |
Equity | PK₨3.32b |
Total liabilities | PK₨10.11b |
Total assets | PK₨13.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALNRS's short term assets (PKR7.2B) do not cover its short term liabilities (PKR7.7B).
Long Term Liabilities: ALNRS's short term assets (PKR7.2B) exceed its long term liabilities (PKR2.5B).
Debt to Equity History and Analysis
Debt Level: ALNRS's net debt to equity ratio (207.9%) is considered high.
Reducing Debt: ALNRS's debt to equity ratio has increased from 198% to 217.6% over the past 5 years.
Debt Coverage: ALNRS's debt is not well covered by operating cash flow (8.6%).
Interest Coverage: ALNRS's interest payments on its debt are not well covered by EBIT (0.5x coverage).