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 ratio | 0.06x |
| Cash | PK₨37.45m |
| Equity | PK₨1.78b |
| Total liabilities | PK₨2.56b |
| Total assets | PK₨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).