Mehran Sugar Mills Balance Sheet Health
Financial Health criteria checks 4/6
Mehran Sugar Mills has a total shareholder equity of PKR4.4B and total debt of PKR4.8B, which brings its debt-to-equity ratio to 110.3%. Its total assets and total liabilities are PKR12.2B and PKR7.9B respectively. Mehran Sugar Mills's EBIT is PKR2.5B making its interest coverage ratio 4.4. It has cash and short-term investments of PKR2.3B.
Key information
110.3%
Debt to equity ratio
PK₨4.80b
Debt
Interest coverage ratio | 4.4x |
Cash | PK₨2.30b |
Equity | PK₨4.35b |
Total liabilities | PK₨7.89b |
Total assets | PK₨12.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MRNS's short term assets (PKR7.9B) exceed its short term liabilities (PKR6.6B).
Long Term Liabilities: MRNS's short term assets (PKR7.9B) exceed its long term liabilities (PKR1.3B).
Debt to Equity History and Analysis
Debt Level: MRNS's net debt to equity ratio (57.5%) is considered high.
Reducing Debt: MRNS's debt to equity ratio has reduced from 113.6% to 110.3% over the past 5 years.
Debt Coverage: MRNS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MRNS's interest payments on its debt are well covered by EBIT (4.4x coverage).