Frontier Ceramics Limited

KASE:FRCL Stock Report

Market Cap: PK₨607.1m

Frontier Ceramics Balance Sheet Health

Financial Health criteria checks 4/6

Frontier Ceramics has a total shareholder equity of PKR1.8B and total debt of PKR401.4M, which brings its debt-to-equity ratio to 22.5%. Its total assets and total liabilities are PKR4.3B and PKR2.6B respectively. Frontier Ceramics's EBIT is PKR3.1M making its interest coverage ratio 0.1. It has cash and short-term investments of PKR37.5M.

Key information

22.5%

Debt to equity ratio

PK₨401.40m

Debt

Interest coverage ratio0.06x
CashPK₨37.45m
EquityPK₨1.78b
Total liabilitiesPK₨2.56b
Total assetsPK₨4.34b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: FRCL's short term assets (PKR1.1B) do not cover its short term liabilities (PKR1.8B).

Long Term Liabilities: FRCL's short term assets (PKR1.1B) exceed its long term liabilities (PKR800.3M).


Debt to Equity History and Analysis

Debt Level: FRCL's net debt to equity ratio (20.4%) is considered satisfactory.

Reducing Debt: FRCL's debt to equity ratio has reduced from 23.8% to 22.5% over the past 5 years.

Debt Coverage: FRCL's debt is well covered by operating cash flow (122.9%).

Interest Coverage: FRCL's interest payments on its debt are not well covered by EBIT (0.1x coverage).


Balance Sheet


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