Allied Rental Modaraba Balance Sheet Health
Financial Health criteria checks 6/6
Allied Rental Modaraba has a total shareholder equity of PKR5.5B and total debt of PKR712.7M, which brings its debt-to-equity ratio to 12.9%. Its total assets and total liabilities are PKR8.6B and PKR3.1B respectively. Allied Rental Modaraba's EBIT is PKR1.1B making its interest coverage ratio 7.1. It has cash and short-term investments of PKR298.3M.
Key information
12.9%
Debt to equity ratio
PK₨712.68m
Debt
Interest coverage ratio | 7.1x |
Cash | PK₨298.34m |
Equity | PK₨5.53b |
Total liabilities | PK₨3.07b |
Total assets | PK₨8.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ARM's short term assets (PKR2.3B) exceed its short term liabilities (PKR1.4B).
Long Term Liabilities: ARM's short term assets (PKR2.3B) exceed its long term liabilities (PKR1.6B).
Debt to Equity History and Analysis
Debt Level: ARM's net debt to equity ratio (7.5%) is considered satisfactory.
Reducing Debt: ARM's debt to equity ratio has reduced from 54.9% to 12.9% over the past 5 years.
Debt Coverage: ARM's debt is well covered by operating cash flow (109%).
Interest Coverage: ARM's interest payments on its debt are well covered by EBIT (7.1x coverage).