Bestway Cement Balance Sheet Health
Financial Health criteria checks 1/6
Bestway Cement has a total shareholder equity of PKR64.9B and total debt of PKR58.7B, which brings its debt-to-equity ratio to 90.4%. Its total assets and total liabilities are PKR172.8B and PKR107.9B respectively. Bestway Cement's EBIT is PKR28.8B making its interest coverage ratio 2.7. It has cash and short-term investments of PKR1.6B.
Key information
90.4%
Debt to equity ratio
PK₨58.69b
Debt
| Interest coverage ratio | 2.7x |
| Cash | PK₨1.55b |
| Equity | PK₨64.91b |
| Total liabilities | PK₨107.86b |
| Total assets | PK₨172.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BWCL's short term assets (PKR28.5B) do not cover its short term liabilities (PKR42.0B).
Long Term Liabilities: BWCL's short term assets (PKR28.5B) do not cover its long term liabilities (PKR65.9B).
Debt to Equity History and Analysis
Debt Level: BWCL's net debt to equity ratio (88%) is considered high.
Reducing Debt: BWCL's debt to equity ratio has increased from 28.4% to 90.4% over the past 5 years.
Debt Coverage: BWCL's debt is well covered by operating cash flow (37.3%).
Interest Coverage: BWCL's interest payments on its debt are not well covered by EBIT (2.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 05:02 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Bestway Cement Limited is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Pardeep Kumar | Akseer Research (Pvt.) Limited |
| Ajay Kumar | Ismail Iqbal Securities (Pvt.) Ltd. |