Dandot Cement Balance Sheet Health
Financial Health criteria checks 1/6
Dandot Cement has a total shareholder equity of PKR4.0B and total debt of PKR3.6B, which brings its debt-to-equity ratio to 91.3%. Its total assets and total liabilities are PKR13.5B and PKR9.5B respectively. Dandot Cement's EBIT is PKR244.7M making its interest coverage ratio 0.5. It has cash and short-term investments of PKR42.9M.
Key information
91.3%
Debt to equity ratio
PK₨3.63b
Debt
| Interest coverage ratio | 0.5x |
| Cash | PK₨42.85m |
| Equity | PK₨3.97b |
| Total liabilities | PK₨9.49b |
| Total assets | PK₨13.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DNCC's short term assets (PKR1.2B) do not cover its short term liabilities (PKR3.3B).
Long Term Liabilities: DNCC's short term assets (PKR1.2B) do not cover its long term liabilities (PKR6.2B).
Debt to Equity History and Analysis
Debt Level: DNCC's net debt to equity ratio (90.2%) is considered high.
Reducing Debt: DNCC's debt to equity ratio has reduced from 455.3% to 91.3% over the past 5 years.
Debt Coverage: DNCC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: DNCC's interest payments on its debt are not well covered by EBIT (0.5x coverage).