Haseeb Waqas Sugar Mills Balance Sheet Health
Financial Health criteria checks 1/6
Haseeb Waqas Sugar Mills has a total shareholder equity of PKR585.7M and total debt of PKR2.1B, which brings its debt-to-equity ratio to 357.2%. Its total assets and total liabilities are PKR6.1B and PKR5.5B respectively.
Key information
357.2%
Debt to equity ratio
PK₨2.09b
Debt
| Interest coverage ratio | n/a |
| Cash | PK₨6.29m |
| Equity | PK₨585.67m |
| Total liabilities | PK₨5.49b |
| Total assets | PK₨6.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HWQS's short term assets (PKR136.7M) do not cover its short term liabilities (PKR4.1B).
Long Term Liabilities: HWQS's short term assets (PKR136.7M) do not cover its long term liabilities (PKR1.4B).
Debt to Equity History and Analysis
Debt Level: HWQS's net debt to equity ratio (356.1%) is considered high.
Reducing Debt: HWQS 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: HWQS has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: HWQS has less than a year of cash runway if free cash flow continues to grow at historical rates of 10.1% each year.