Orient Rental Modaraba Balance Sheet Health
Financial Health criteria checks 6/6
Orient Rental Modaraba has a total shareholder equity of PKR1.4B and total debt of PKR423.5M, which brings its debt-to-equity ratio to 30.3%. Its total assets and total liabilities are PKR2.3B and PKR934.9M respectively. Orient Rental Modaraba's EBIT is PKR443.8M making its interest coverage ratio 6.7. It has cash and short-term investments of PKR256.4M.
Key information
30.3%
Debt to equity ratio
PK₨423.55m
Debt
| Interest coverage ratio | 6.7x |
| Cash | PK₨256.43m |
| Equity | PK₨1.40b |
| Total liabilities | PK₨934.90m |
| Total assets | PK₨2.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ORM's short term assets (PKR922.5M) exceed its short term liabilities (PKR591.3M).
Long Term Liabilities: ORM's short term assets (PKR922.5M) exceed its long term liabilities (PKR343.6M).
Debt to Equity History and Analysis
Debt Level: ORM's net debt to equity ratio (12%) is considered satisfactory.
Reducing Debt: ORM's debt to equity ratio has reduced from 54.9% to 30.3% over the past 5 years.
Debt Coverage: ORM's debt is well covered by operating cash flow (63.9%).
Interest Coverage: ORM's interest payments on its debt are well covered by EBIT (6.7x coverage).