JDW Sugar Mills Balance Sheet Health
Financial Health criteria checks 6/6
JDW Sugar Mills has a total shareholder equity of PKR24.9B and total debt of PKR22.2B, which brings its debt-to-equity ratio to 89%. Its total assets and total liabilities are PKR87.3B and PKR62.4B respectively. JDW Sugar Mills's EBIT is PKR17.9B making its interest coverage ratio 3.4. It has cash and short-term investments of PKR13.1B.
Key information
89.0%
Debt to equity ratio
PK₨22.17b
Debt
Interest coverage ratio | 3.4x |
Cash | PK₨13.05b |
Equity | PK₨24.91b |
Total liabilities | PK₨62.41b |
Total assets | PK₨87.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JDWS's short term assets (PKR60.0B) exceed its short term liabilities (PKR59.3B).
Long Term Liabilities: JDWS's short term assets (PKR60.0B) exceed its long term liabilities (PKR3.1B).
Debt to Equity History and Analysis
Debt Level: JDWS's net debt to equity ratio (36.6%) is considered satisfactory.
Reducing Debt: JDWS's debt to equity ratio has reduced from 410.3% to 89% over the past 5 years.
Debt Coverage: JDWS's debt is well covered by operating cash flow (114.6%).
Interest Coverage: JDWS's interest payments on its debt are well covered by EBIT (3.4x coverage).