Shahtaj Sugar Mills Balance Sheet Health
Financial Health criteria checks 5/6
Shahtaj Sugar Mills has a total shareholder equity of PKR3.7B and total debt of PKR3.2B, which brings its debt-to-equity ratio to 88.1%. Its total assets and total liabilities are PKR8.5B and PKR4.9B respectively. Shahtaj Sugar Mills's EBIT is PKR1.4B making its interest coverage ratio 3.4. It has cash and short-term investments of PKR182.3M.
Key information
88.1%
Debt to equity ratio
PK₨3.22b
Debt
Interest coverage ratio | 3.4x |
Cash | PK₨182.26m |
Equity | PK₨3.66b |
Total liabilities | PK₨4.88b |
Total assets | PK₨8.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SHJS's short term assets (PKR3.4B) exceed its short term liabilities (PKR3.2B).
Long Term Liabilities: SHJS's short term assets (PKR3.4B) exceed its long term liabilities (PKR1.7B).
Debt to Equity History and Analysis
Debt Level: SHJS's net debt to equity ratio (83.1%) is considered high.
Reducing Debt: SHJS's debt to equity ratio has reduced from 229.4% to 88.1% over the past 5 years.
Debt Coverage: SHJS's debt is well covered by operating cash flow (47.9%).
Interest Coverage: SHJS's interest payments on its debt are well covered by EBIT (3.4x coverage).