First Treet Manufacturing Modaraba Balance Sheet Health
Financial Health criteria checks 6/6
First Treet Manufacturing Modaraba has a total shareholder equity of PKR3.2B and total debt of PKR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are PKR3.8B and PKR679.1M respectively. First Treet Manufacturing Modaraba's EBIT is PKR136.8M making its interest coverage ratio -13.9. It has cash and short-term investments of PKR32.7M.
Key information
0%
Debt to equity ratio
PK₨0
Debt
Interest coverage ratio | -13.9x |
Cash | PK₨32.70m |
Equity | PK₨3.16b |
Total liabilities | PK₨679.11m |
Total assets | PK₨3.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FTMM's short term assets (PKR3.1B) exceed its short term liabilities (PKR594.3M).
Long Term Liabilities: FTMM's short term assets (PKR3.1B) exceed its long term liabilities (PKR84.8M).
Debt to Equity History and Analysis
Debt Level: FTMM is debt free.
Reducing Debt: FTMM has no debt compared to 5 years ago when its debt to equity ratio was 141.1%.
Debt Coverage: FTMM has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: FTMM has no debt, therefore coverage of interest payments is not a concern.