Tandlianwala Sugar Mills Balance Sheet Health
Financial Health criteria checks 1/6
Tandlianwala Sugar Mills has a total shareholder equity of PKR13.6B and total debt of PKR18.7B, which brings its debt-to-equity ratio to 137.5%. Its total assets and total liabilities are PKR46.7B and PKR33.0B respectively. Tandlianwala Sugar Mills's EBIT is PKR5.0B making its interest coverage ratio 1.5. It has cash and short-term investments of PKR264.6M.
Key information
137.5%
Debt to equity ratio
PK₨18.73b
Debt
| Interest coverage ratio | 1.5x |
| Cash | PK₨264.64m |
| Equity | PK₨13.62b |
| Total liabilities | PK₨33.04b |
| Total assets | PK₨46.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TSML's short term assets (PKR31.7B) do not cover its short term liabilities (PKR31.8B).
Long Term Liabilities: TSML's short term assets (PKR31.7B) exceed its long term liabilities (PKR1.2B).
Debt to Equity History and Analysis
Debt Level: TSML's net debt to equity ratio (135.5%) is considered high.
Reducing Debt: TSML's debt to equity ratio has increased from 120.3% to 137.5% 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 (1.5x coverage).