Aisha Steel Mills Balance Sheet Health
Financial Health criteria checks 2/6
Aisha Steel Mills has a total shareholder equity of PKR15.8B and total debt of PKR18.0B, which brings its debt-to-equity ratio to 113.7%. Its total assets and total liabilities are PKR39.4B and PKR23.5B respectively. Aisha Steel Mills's EBIT is PKR3.7B making its interest coverage ratio 0.9. It has cash and short-term investments of PKR571.5M.
Key information
113.7%
Debt to equity ratio
PK₨17.99b
Debt
Interest coverage ratio | 0.9x |
Cash | PK₨571.46m |
Equity | PK₨15.82b |
Total liabilities | PK₨23.55b |
Total assets | PK₨39.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ASL's short term assets (PKR17.0B) do not cover its short term liabilities (PKR20.5B).
Long Term Liabilities: ASL's short term assets (PKR17.0B) exceed its long term liabilities (PKR3.1B).
Debt to Equity History and Analysis
Debt Level: ASL's net debt to equity ratio (110.1%) is considered high.
Reducing Debt: ASL's debt to equity ratio has reduced from 239% to 113.7% over the past 5 years.
Debt Coverage: ASL's debt is not well covered by operating cash flow (8.6%).
Interest Coverage: ASL's interest payments on its debt are not well covered by EBIT (0.9x coverage).