Fecto Cement Balance Sheet Health
Financial Health criteria checks 5/6
Fecto Cement has a total shareholder equity of PKR3.9B and total debt of PKR1.7B, which brings its debt-to-equity ratio to 43.4%. Its total assets and total liabilities are PKR7.8B and PKR4.0B respectively. Fecto Cement's EBIT is PKR1.2B making its interest coverage ratio 4.9. It has cash and short-term investments of PKR281.2M.
Key information
43.4%
Debt to equity ratio
PK₨1.68b
Debt
| Interest coverage ratio | 4.9x |
| Cash | PK₨281.25m |
| Equity | PK₨3.86b |
| Total liabilities | PK₨3.95b |
| Total assets | PK₨7.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FECTC's short term assets (PKR4.3B) exceed its short term liabilities (PKR3.1B).
Long Term Liabilities: FECTC's short term assets (PKR4.3B) exceed its long term liabilities (PKR880.7M).
Debt to Equity History and Analysis
Debt Level: FECTC's net debt to equity ratio (36.1%) is considered satisfactory.
Reducing Debt: FECTC's debt to equity ratio has increased from 0% to 43.4% over the past 5 years.
Debt Coverage: FECTC's debt is well covered by operating cash flow (62.7%).
Interest Coverage: FECTC's interest payments on its debt are well covered by EBIT (4.9x coverage).