Fecto Cement Balance Sheet Health
Financial Health criteria checks 3/6
Fecto Cement has a total shareholder equity of PKR3.8B and total debt of PKR1.7B, which brings its debt-to-equity ratio to 45.8%. Its total assets and total liabilities are PKR7.3B and PKR3.6B respectively. Fecto Cement's EBIT is PKR428.3M making its interest coverage ratio 1.7. It has cash and short-term investments of PKR209.8M.
Key information
45.8%
Debt to equity ratio
PK₨1.73b
Debt
Interest coverage ratio | 1.7x |
Cash | PK₨209.77m |
Equity | PK₨3.78b |
Total liabilities | PK₨3.56b |
Total assets | PK₨7.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FECTC's short term assets (PKR4.1B) exceed its short term liabilities (PKR2.6B).
Long Term Liabilities: FECTC's short term assets (PKR4.1B) exceed its long term liabilities (PKR931.2M).
Debt to Equity History and Analysis
Debt Level: FECTC's net debt to equity ratio (40.3%) is considered high.
Reducing Debt: FECTC's debt to equity ratio has increased from 0% to 45.8% over the past 5 years.
Debt Coverage: FECTC's debt is well covered by operating cash flow (48.3%).
Interest Coverage: FECTC's interest payments on its debt are not well covered by EBIT (1.7x coverage).