Pioneer Cement Financial Health
How is Pioneer Cement's financial position?
Financial Health Score1/6
Financial Health Score 1/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: PIOC's short term assets (PKR8.7B) do not cover its short term liabilities (PKR16.8B).
Long Term Liabilities: PIOC's short term assets (PKR8.7B) do not cover its long term liabilities (PKR24.6B).
Debt to Equity History and Analysis
Debt Level: PIOC's net debt to equity ratio (68.1%) is considered high.
Reducing Debt: PIOC's debt to equity ratio has increased from 20.7% to 71.5% over the past 5 years.
Debt Coverage: PIOC's debt is well covered by operating cash flow (42.1%).
Interest Coverage: PIOC's interest payments on its debt are not well covered by EBIT (2.4x coverage).