Aisha Steel Mills Balance Sheet Health
Financial Health criteria checks 2/6
Aisha Steel Mills has a total shareholder equity of PKR15.9B and total debt of PKR18.1B, which brings its debt-to-equity ratio to 113.7%. Its total assets and total liabilities are PKR39.7B and PKR23.8B respectively. Aisha Steel Mills's EBIT is PKR3.3B making its interest coverage ratio 0.8. It has cash and short-term investments of PKR208.7M.
Key information
113.7%
Debt to equity ratio
PK₨18.09b
Debt
| Interest coverage ratio | 0.8x |
| Cash | PK₨208.73m |
| Equity | PK₨15.91b |
| Total liabilities | PK₨23.82b |
| Total assets | PK₨39.73b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: ASLCPS's short term assets (PKR17.3B) do not cover its short term liabilities (PKR21.1B).
Long Term Liabilities: ASLCPS's short term assets (PKR17.3B) exceed its long term liabilities (PKR2.7B).
Debt to Equity History and Analysis
Debt Level: ASLCPS's net debt to equity ratio (112.4%) is considered high.
Reducing Debt: ASLCPS's debt to equity ratio has reduced from 262.5% to 113.7% over the past 5 years.
Debt Coverage: ASLCPS's debt is not well covered by operating cash flow (7.4%).
Interest Coverage: ASLCPS's interest payments on its debt are not well covered by EBIT (0.8x coverage).