Tandlianwala Sugar Mills Balance Sheet Health
Financial Health criteria checks 2/6
Tandlianwala Sugar Mills has a total shareholder equity of PKR12.9B and total debt of PKR12.4B, which brings its debt-to-equity ratio to 96.2%. Its total assets and total liabilities are PKR42.5B and PKR29.6B respectively. Tandlianwala Sugar Mills's EBIT is PKR4.6B making its interest coverage ratio 1.9. It has cash and short-term investments of PKR1.4B.
Key information
96.2%
Debt to equity ratio
PK₨12.44b
Debt
Interest coverage ratio | 1.9x |
Cash | PK₨1.39b |
Equity | PK₨12.93b |
Total liabilities | PK₨29.61b |
Total assets | PK₨42.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TSML's short term assets (PKR27.4B) do not cover its short term liabilities (PKR28.3B).
Long Term Liabilities: TSML's short term assets (PKR27.4B) exceed its long term liabilities (PKR1.3B).
Debt to Equity History and Analysis
Debt Level: TSML's net debt to equity ratio (85.5%) is considered high.
Reducing Debt: TSML's debt to equity ratio has reduced from 159.1% to 96.2% over the past 5 years.
Debt Coverage: TSML's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TSML's interest payments on its debt are not well covered by EBIT (1.9x coverage).