Lucky Cement Balance Sheet Health
Financial Health criteria checks 4/6
Lucky Cement has a total shareholder equity of PKR294.2B and total debt of PKR201.8B, which brings its debt-to-equity ratio to 68.6%. Its total assets and total liabilities are PKR635.4B and PKR341.2B respectively. Lucky Cement's EBIT is PKR97.0B making its interest coverage ratio 3.3. It has cash and short-term investments of PKR81.1B.
Key information
68.6%
Debt to equity ratio
PK₨201.84b
Debt
| Interest coverage ratio | 3.3x |
| Cash | PK₨81.13b |
| Equity | PK₨294.22b |
| Total liabilities | PK₨341.22b |
| Total assets | PK₨635.45b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LKCS's short term assets (PKR260.3B) exceed its short term liabilities (PKR178.2B).
Long Term Liabilities: LKCS's short term assets (PKR260.3B) exceed its long term liabilities (PKR163.0B).
Debt to Equity History and Analysis
Debt Level: LKCS's net debt to equity ratio (41%) is considered high.
Reducing Debt: LKCS's debt to equity ratio has increased from 27% to 68.6% over the past 5 years.
Debt Coverage: LKCS's debt is well covered by operating cash flow (27.1%).
Interest Coverage: LKCS's interest payments on its debt are well covered by EBIT (3.3x coverage).