Orient Rental Modaraba Balance Sheet Health
Financial Health criteria checks 6/6
Orient Rental Modaraba has a total shareholder equity of PKR1.3B and total debt of PKR374.4M, which brings its debt-to-equity ratio to 28.4%. Its total assets and total liabilities are PKR2.2B and PKR917.7M respectively. Orient Rental Modaraba's EBIT is PKR459.7M making its interest coverage ratio 4.5. It has cash and short-term investments of PKR235.2M.
Key information
28.4%
Debt to equity ratio
PK₨374.42m
Debt
Interest coverage ratio | 4.5x |
Cash | PK₨235.22m |
Equity | PK₨1.32b |
Total liabilities | PK₨917.74m |
Total assets | PK₨2.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ORM's short term assets (PKR864.6M) exceed its short term liabilities (PKR553.7M).
Long Term Liabilities: ORM's short term assets (PKR864.6M) exceed its long term liabilities (PKR364.0M).
Debt to Equity History and Analysis
Debt Level: ORM's net debt to equity ratio (10.5%) is considered satisfactory.
Reducing Debt: ORM's debt to equity ratio has reduced from 58.2% to 28.4% over the past 5 years.
Debt Coverage: ORM's debt is well covered by operating cash flow (100.9%).
Interest Coverage: ORM's interest payments on its debt are well covered by EBIT (4.5x coverage).