Attock Cement Pakistan Balance Sheet Health
Financial Health criteria checks 2/6
Attock Cement Pakistan has a total shareholder equity of PKR21.6B and total debt of PKR11.2B, which brings its debt-to-equity ratio to 52%. Its total assets and total liabilities are PKR48.6B and PKR27.0B respectively. Attock Cement Pakistan's EBIT is PKR1.5B making its interest coverage ratio 6.6. It has cash and short-term investments of PKR1.6B.
Key information
52.0%
Debt to equity ratio
PK₨11.21b
Debt
| Interest coverage ratio | 6.6x |
| Cash | PK₨1.59b |
| Equity | PK₨21.58b |
| Total liabilities | PK₨26.99b |
| Total assets | PK₨48.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ACPL's short term assets (PKR10.7B) do not cover its short term liabilities (PKR15.6B).
Long Term Liabilities: ACPL's short term assets (PKR10.7B) do not cover its long term liabilities (PKR11.4B).
Debt to Equity History and Analysis
Debt Level: ACPL's net debt to equity ratio (44.6%) is considered high.
Reducing Debt: ACPL's debt to equity ratio has increased from 35.2% to 52% over the past 5 years.
Debt Coverage: ACPL's debt is well covered by operating cash flow (42.4%).
Interest Coverage: ACPL's interest payments on its debt are well covered by EBIT (6.6x coverage).