Premier Sugar Mills & Distillery Balance Sheet Health
Financial Health criteria checks 1/6
Premier Sugar Mills & Distillery has a total shareholder equity of PKR13.6B and total debt of PKR17.3B, which brings its debt-to-equity ratio to 127.8%. Its total assets and total liabilities are PKR38.6B and PKR25.1B respectively. Premier Sugar Mills & Distillery's EBIT is PKR2.5B making its interest coverage ratio 1.1. It has cash and short-term investments of PKR947.0M.
Key information
127.8%
Debt to equity ratio
PK₨17.33b
Debt
Interest coverage ratio | 1.1x |
Cash | PK₨947.00m |
Equity | PK₨13.56b |
Total liabilities | PK₨25.08b |
Total assets | PK₨38.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PMRS's short term assets (PKR15.4B) do not cover its short term liabilities (PKR16.4B).
Long Term Liabilities: PMRS's short term assets (PKR15.4B) exceed its long term liabilities (PKR8.7B).
Debt to Equity History and Analysis
Debt Level: PMRS's net debt to equity ratio (120.8%) is considered high.
Reducing Debt: PMRS's debt to equity ratio has increased from 97.9% to 127.8% over the past 5 years.
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: Insufficient data to determine if PMRS has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if PMRS has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.