Shahtaj Sugar Mills Balance Sheet Health
Financial Health criteria checks 1/6
Shahtaj Sugar Mills has a total shareholder equity of PKR3.3B and total debt of PKR4.9B, which brings its debt-to-equity ratio to 151.2%. Its total assets and total liabilities are PKR9.3B and PKR6.0B respectively. Shahtaj Sugar Mills's EBIT is PKR937.7M making its interest coverage ratio 1.7. It has cash and short-term investments of PKR37.9M.
Key information
151.2%
Debt to equity ratio
PK₨4.94b
Debt
| Interest coverage ratio | 1.7x |
| Cash | PK₨37.94m |
| Equity | PK₨3.27b |
| Total liabilities | PK₨5.98b |
| Total assets | PK₨9.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SHJS's short term assets (PKR3.5B) do not cover its short term liabilities (PKR4.0B).
Long Term Liabilities: SHJS's short term assets (PKR3.5B) exceed its long term liabilities (PKR2.0B).
Debt to Equity History and Analysis
Debt Level: SHJS's net debt to equity ratio (150%) is considered high.
Reducing Debt: SHJS's debt to equity ratio has increased from 108.4% to 151.2% over the past 5 years.
Debt Coverage: SHJS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SHJS's interest payments on its debt are not well covered by EBIT (1.7x coverage).