Faran Sugar Mills Balance Sheet Health
Financial Health criteria checks 1/6
Faran Sugar Mills has a total shareholder equity of PKR2.5B and total debt of PKR9.3B, which brings its debt-to-equity ratio to 376.2%. Its total assets and total liabilities are PKR14.8B and PKR12.3B respectively. Faran Sugar Mills's EBIT is PKR1.2B making its interest coverage ratio 1. It has cash and short-term investments of PKR132.7M.
Key information
376.2%
Debt to equity ratio
PK₨9.35b
Debt
| Interest coverage ratio | 1x |
| Cash | PK₨132.74m |
| Equity | PK₨2.48b |
| Total liabilities | PK₨12.28b |
| Total assets | PK₨14.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FRSM's short term assets (PKR9.9B) do not cover its short term liabilities (PKR11.3B).
Long Term Liabilities: FRSM's short term assets (PKR9.9B) exceed its long term liabilities (PKR1.0B).
Debt to Equity History and Analysis
Debt Level: FRSM's net debt to equity ratio (370.8%) is considered high.
Reducing Debt: FRSM's debt to equity ratio has increased from 162.7% to 376.2% over the past 5 years.
Debt Coverage: FRSM's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: FRSM's interest payments on its debt are not well covered by EBIT (1x coverage).