Saritow Spinning Mills Limited (PSX: SSML)

Saritow Spinning Mills Balance Sheet

Financials in millions PKR. Fiscal year is July - June.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Cash & Equivalents	9.14	28.77	46.54	47.04	103.52	63.15
Cash & Short-Term Investments	95.72	28.77	46.54	47.04	103.52	63.15
Cash Growth	-28.11%	-38.19%	-1.06%	-54.56%	63.92%	-59.79%
Accounts Receivable	2.66	6.39	138.96	241.84	18.91	35.41
Other Receivables	-	6.08	11.43	3.41	-	8.88
Receivables	2.66	12.48	150.39	245.25	18.91	44.29
Inventory	21.79	21.79	451.14	847.05	639.13	877.54
Prepaid Expenses	-	19.16	41.14	4.2	3.14	2.97
Other Current Assets	12.42	90.43	92.62	100.27	109.21	196.32
Total Current Assets	132.59	172.63	781.83	1,244	873.9	1,184
Property, Plant & Equipment	1,142	1,155	1,213	1,271	1,281	1,214
Long-Term Investments	-	6.43	8.14	8.14	7.69	12.75
Other Long-Term Assets	19.24	12.81	13.04	13.04	13.34	13.34
Total Assets	1,294	1,347	2,016	2,536	2,176	2,424
Accounts Payable	298.96	146.27	223.67	248.64	100.49	103.64
Accrued Expenses	1.49	69.15	162.75	190.94	173.72	195.93
Short-Term Debt	469.05	469.05	522.62	548.25	385.77	675.71
Current Portion of Long-Term Debt	-	27.45	25.32	44.32	51.62	31.86
Current Portion of Leases	-	-	-	-	-	13.36
Current Income Taxes Payable	-	-	-	13.07	3.23	-
Current Unearned Revenue	-	0.74	1.51	2.51	5.31	4.76
Other Current Liabilities	0.49	72.81	96.18	115.71	125.29	122.92
Total Current Liabilities	769.98	785.47	1,032	1,163	845.42	1,148
Long-Term Debt	265.88	278.21	304.3	329.84	374.14	503.32
Long-Term Unearned Revenue	-	0.07	0.81	2.1	4.83	2.98
Long-Term Deferred Tax Liabilities	-	-	-	108.77	119.37	118.63
Other Long-Term Liabilities	5.97	6.01	6.01	6.01	8.16	6.01
Total Liabilities	1,063	1,090	1,452	1,717	1,437	1,863
Common Stock	298.41	298.41	298.41	298.41	298.41	298.41
Retained Earnings	-227.13	-226.27	79.72	459.71	379.26	204.59
Comprehensive Income & Other	159.88	184.56	185.8	60.42	61.39	57.76
Shareholders' Equity	231.15	256.69	563.92	818.53	739.05	560.75
Total Liabilities & Equity	1,294	1,347	2,016	2,536	2,176	2,424
Total Debt	734.94	774.71	852.24	922.41	811.53	1,224
Net Cash (Debt)	-639.22	-745.94	-805.7	-875.37	-708.02	-1,161
Net Cash Per Share	-21.42	-25.00	-27.00	-29.33	-23.73	-38.91
Filing Date Shares Outstanding	29.89	29.85	29.89	29.9	29.87	29.84
Total Common Shares Outstanding	29.89	29.85	29.89	29.9	29.87	29.84
Working Capital	-637.39	-612.84	-250.21	80.36	28.48	36.09
Book Value Per Share	7.73	8.60	18.87	27.37	24.74	18.79
Tangible Book Value	231.15	256.69	563.92	818.53	739.05	560.75
Tangible Book Value Per Share	7.73	8.60	18.87	27.37	24.74	18.79
Land	-	101.37	101.37	101.37	101.37	99.42
Buildings	-	339.13	339.13	336.66	335.66	326.91
Machinery	-	2,020	2,026	2,002	1,906	1,771
Construction In Progress	-	-	-	22.88	76.83	-

Source: S&P Capital IQ. Standard template. Financial Sources.