Attock Cement Pakistan Balance Sheet Health
Financial Health criteria checks 2/6
Attock Cement Pakistan has a total shareholder equity of PKR21.5B and total debt of PKR11.8B, which brings its debt-to-equity ratio to 54.9%. Its total assets and total liabilities are PKR48.0B and PKR26.5B respectively. Attock Cement Pakistan's EBIT is PKR2.2B making its interest coverage ratio -50.1. It has cash and short-term investments of PKR2.1B.
Key information
54.9%
Debt to equity ratio
PK₨11.79b
Debt
| Interest coverage ratio | -50.1x |
| Cash | PK₨2.07b |
| Equity | PK₨21.49b |
| Total liabilities | PK₨26.47b |
| Total assets | PK₨47.96b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ACPL's short term assets (PKR14.9B) do not cover its short term liabilities (PKR15.6B).
Long Term Liabilities: ACPL's short term assets (PKR14.9B) exceed its long term liabilities (PKR10.8B).
Debt to Equity History and Analysis
Debt Level: ACPL's net debt to equity ratio (45.2%) is considered high.
Reducing Debt: ACPL's debt to equity ratio has increased from 45% to 54.9% over the past 5 years.
Debt Coverage: ACPL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ACPL earns more interest than it pays, so coverage of interest payments is not a concern.