Frontier Ceramics Balance Sheet Health
Financial Health criteria checks 1/6
Frontier Ceramics has a total shareholder equity of PKR1.6B and total debt of PKR722.4M, which brings its debt-to-equity ratio to 45.5%. Its total assets and total liabilities are PKR4.3B and PKR2.7B respectively.
Key information
45.5%
Debt to equity ratio
PK₨722.38m
Debt
Interest coverage ratio | n/a |
Cash | PK₨26.35m |
Equity | PK₨1.59b |
Total liabilities | PK₨2.72b |
Total assets | PK₨4.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FRCL's short term assets (PKR1.3B) do not cover its short term liabilities (PKR1.7B).
Long Term Liabilities: FRCL's short term assets (PKR1.3B) exceed its long term liabilities (PKR1.1B).
Debt to Equity History and Analysis
Debt Level: FRCL's net debt to equity ratio (43.9%) is considered high.
Reducing Debt: FRCL's debt to equity ratio has increased from 39% to 45.5% over the past 5 years.
Debt Coverage: FRCL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if FRCL's interest payments on its debt are well covered by EBIT.