Asian Hotels (North) Reports Improved Financial Metrics and Enhanced Liquidity in December 2024 Results

Asian Hotels (North) has recently reported its financial results for the quarter ending December 2024, showcasing notable developments in various metrics. The company has experienced a significant adjustment in its evaluation, with its score rising to 10 from 0 over the past three months.
The financial data reveals that the operating profit to interest ratio has reached its highest level in the last five quarters at 0.75 times, indicating an enhanced capacity to manage interest obligations. Additionally, net sales have peaked at Rs 86.47 crore, marking a positive trend in sales performance. Profit Before Tax (PBT) has also shown improvement, recorded at Rs -12.07 crore, while Profit After Tax (PAT) stands at Rs -10.42 crore, both reflecting favorable near-term trends.

Earnings per Share (EPS) have reached Rs 46.43, suggesting an increase in profitability for shareholders. Furthermore, cash and cash equivalents have improved to Rs 78.97 crore, indicating better short-term liquidity. The debt-equity ratio has reached its lowest point at -476.47 times, demonstrating a reduction in borrowing relative to equity capital. Lastly, the debtors turnover ratio has improved to 21.30 times, highlighting the company's efficiency in settling its debts.

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