Bankruptcy Probability

Asim Textile Mills Ltd's probability of bankruptcy is 2.4%, pointing to a small but noticeable default risk. The solvency score is 60/100 — a warning sign of potential financial weakness.

We take all the information about a company's solvency, such as how easily it can pay interest on outstanding debt, how much cash it has, the amount of debt, and more, and use it to estimate the probability of bankruptcy.

Moderate
Probability of Bankruptcy

Financial Position

Cash & Short-Term Investments
+
3Y
+73%
5Y
+44%
10Y
-
Long-Term Investments
+
3Y
+53%
5Y
+129%
10Y
-
Debt
+
3Y
0%
5Y
0%
10Y
-

Solvency Ratios

Solvency Ratios Comparison
Asim Textile Mills Ltd Competitors

Country Company Market Cap D/E D/A Interest
Coverage
Altman
Z-Score
Quick
Ratio
Current
Ratio
Cash
Ratio
PK
Asim Textile Mills Ltd
KAR:ASTM
260m PKR
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JP
Toray Industries Inc
TSE:3402
1.8T JPY
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IN
KPR Mill Ltd
NSE:KPRMILL
369.4B INR
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UK
Coats Group PLC
LSE:COA
1.6B GBP
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CN
Zhejiang Xinao Textiles Inc
SSE:603889
11.7B CNY
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CN
Bros Eastern Ltd
SSE:601339
11.4B CNY
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IN
Vardhman Textiles Ltd
NSE:VTL
150.3B INR
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CN
Billion Industrial Holdings Ltd
HKEX:2299
11.6B HKD
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IN
Arvind Ltd
NSE:ARVIND
134.1B INR
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IN
Trident Ltd
NSE:TRIDENT
112.2B INR
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TW
Tainan Spinning Co Ltd
TWSE:1440
23.4B TWD
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No Stocks Found
Is Asim Textile Mills Ltd at risk of bankruptcy?

Asim Textile Mills Ltd's probability of bankruptcy is 2.3%, pointing to a small but noticeable default risk.

The probability of bankruptcy is estimated using credit risk models that assess financial health, debt levels, interest coverage, and other solvency indicators.

How much debt does Asim Textile Mills Ltd have?

As of the latest report, Asim Textile Mills Ltd has total debt of 417.6m PKR. This includes both short-term (417.6m PKR) and long-term (0 PKR) debt.

You can find a full breakdown on its Balance Sheet.

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