Orient Rental Modaraba Balance Sheet Health
Financial Health criteria checks 5/6
Orient Rental Modaraba has a total shareholder equity of PKR1.4B and total debt of PKR610.3M, which brings its debt-to-equity ratio to 45%. Its total assets and total liabilities are PKR2.6B and PKR1.3B respectively. Orient Rental Modaraba's EBIT is PKR446.0M making its interest coverage ratio 7.3. It has cash and short-term investments of PKR153.4M.
Key information
45.0%
Debt to equity ratio
PK₨610.28m
Debt
| Interest coverage ratio | 7.3x |
| Cash | PK₨153.42m |
| Equity | PK₨1.36b |
| Total liabilities | PK₨1.29b |
| Total assets | PK₨2.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ORM's short term assets (PKR992.6M) exceed its short term liabilities (PKR672.0M).
Long Term Liabilities: ORM's short term assets (PKR992.6M) exceed its long term liabilities (PKR615.9M).
Debt to Equity History and Analysis
Debt Level: ORM's net debt to equity ratio (33.7%) is considered satisfactory.
Reducing Debt: ORM's debt to equity ratio has reduced from 54.9% to 45% over the past 5 years.
Debt Coverage: ORM's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ORM's interest payments on its debt are well covered by EBIT (7.3x coverage).