Diamond Industries Balance Sheet Health
Financial Health criteria checks 3/6
Diamond Industries has a total shareholder equity of PKR235.2M and total debt of PKR137.3M, which brings its debt-to-equity ratio to 58.4%. Its total assets and total liabilities are PKR522.9M and PKR287.7M respectively.
Key information
58.4%
Debt to equity ratio
PK₨137.30m
Debt
| Interest coverage ratio | n/a |
| Cash | PK₨1.01m |
| Equity | PK₨235.18m |
| Total liabilities | PK₨287.69m |
| Total assets | PK₨522.87m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DIIL's short term assets (PKR214.0M) exceed its short term liabilities (PKR109.6M).
Long Term Liabilities: DIIL's short term assets (PKR214.0M) exceed its long term liabilities (PKR178.1M).
Debt to Equity History and Analysis
Debt Level: DIIL's net debt to equity ratio (58%) is considered high.
Reducing Debt: DIIL's debt to equity ratio has reduced from 75.8% to 58.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: DIIL has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: DIIL has less than a year of cash runway if free cash flow continues to grow at historical rates of 47.7% each year.