Chashma Sugar Mills Balance Sheet Health
Financial Health criteria checks 1/6
Chashma Sugar Mills has a total shareholder equity of PKR12.1B and total debt of PKR24.1B, which brings its debt-to-equity ratio to 199.1%. Its total assets and total liabilities are PKR43.5B and PKR31.4B respectively. Chashma Sugar Mills's EBIT is PKR3.3B making its interest coverage ratio 0.8. It has cash and short-term investments of PKR846.5M.
Key information
199.1%
Debt to equity ratio
PK₨24.07b
Debt
| Interest coverage ratio | 0.8x |
| Cash | PK₨846.49m |
| Equity | PK₨12.09b |
| Total liabilities | PK₨31.43b |
| Total assets | PK₨43.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CHAS's short term assets (PKR20.0B) do not cover its short term liabilities (PKR23.5B).
Long Term Liabilities: CHAS's short term assets (PKR20.0B) exceed its long term liabilities (PKR7.9B).
Debt to Equity History and Analysis
Debt Level: CHAS's net debt to equity ratio (192.1%) is considered high.
Reducing Debt: CHAS's debt to equity ratio has increased from 112.8% to 199.1% over the past 5 years.
Debt Coverage: CHAS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CHAS's interest payments on its debt are not well covered by EBIT (0.8x coverage).