Pioneer Cement Balance Sheet Health
Financial Health criteria checks 4/6
Pioneer Cement has a total shareholder equity of PKR46.7B and total debt of PKR9.0B, which brings its debt-to-equity ratio to 19.3%. Its total assets and total liabilities are PKR84.8B and PKR38.2B respectively. Pioneer Cement's EBIT is PKR10.4B making its interest coverage ratio 4.5. It has cash and short-term investments of PKR736.4M.
Key information
19.3%
Debt to equity ratio
PK₨9.03b
Debt
| Interest coverage ratio | 4.5x |
| Cash | PK₨736.36m |
| Equity | PK₨46.69b |
| Total liabilities | PK₨38.15b |
| Total assets | PK₨84.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PIOC's short term assets (PKR8.5B) do not cover its short term liabilities (PKR13.6B).
Long Term Liabilities: PIOC's short term assets (PKR8.5B) do not cover its long term liabilities (PKR24.5B).
Debt to Equity History and Analysis
Debt Level: PIOC's net debt to equity ratio (17.8%) is considered satisfactory.
Reducing Debt: PIOC's debt to equity ratio has reduced from 176.4% to 19.3% over the past 5 years.
Debt Coverage: PIOC's debt is well covered by operating cash flow (138.9%).
Interest Coverage: PIOC's interest payments on its debt are well covered by EBIT (4.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 12:48 |
| End of Day Share Price | 2024/12/20 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Pioneer Cement Limited is covered by 15 analysts. 1 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 |
|---|---|
| null null | AKD Research |
| Ayesha Fayyaz | BIPL Securities Limited |
| null null | BMA Capital Management Ltd. |