Baba Farid Sugar Mills Balance Sheet Health
Financial Health criteria checks 2/6
Baba Farid Sugar Mills has a total shareholder equity of PKR2.4B and total debt of PKR4.6B, which brings its debt-to-equity ratio to 188.2%. Its total assets and total liabilities are PKR8.6B and PKR6.1B respectively. Baba Farid Sugar Mills's EBIT is PKR313.9M making its interest coverage ratio 0.5. It has cash and short-term investments of PKR151.1M.
Key information
188.2%
Debt to equity ratio
PK₨4.57b
Debt
| Interest coverage ratio | 0.5x |
| Cash | PK₨151.11m |
| Equity | PK₨2.43b |
| Total liabilities | PK₨6.12b |
| Total assets | PK₨8.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BAFS's short term assets (PKR5.1B) do not cover its short term liabilities (PKR5.3B).
Long Term Liabilities: BAFS's short term assets (PKR5.1B) exceed its long term liabilities (PKR824.1M).
Debt to Equity History and Analysis
Debt Level: BAFS's net debt to equity ratio (182%) is considered high.
Reducing Debt: BAFS had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: BAFS has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: BAFS has less than a year of cash runway if free cash flow continues to reduce at historical rates of 21.5% each year