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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 07:17 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/09/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Faran Sugar Mills Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Yousuf Farooq | Fortune Securities Limited |