OLP Modaraba Balance Sheet Health
Financial Health criteria checks 1/6
OLP Modaraba has a total shareholder equity of PKR1.1B and total debt of PKR4.7B, which brings its debt-to-equity ratio to 415.2%. Its total assets and total liabilities are PKR6.8B and PKR5.7B respectively. OLP Modaraba's EBIT is PKR817.9M making its interest coverage ratio 1.2. It has cash and short-term investments of PKR560.5M.
Key information
415.2%
Debt to equity ratio
PK₨4.69b
Debt
| Interest coverage ratio | 1.2x |
| Cash | PK₨560.50m |
| Equity | PK₨1.13b |
| Total liabilities | PK₨5.68b |
| Total assets | PK₨6.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OLPM's short term assets (PKR2.1B) do not cover its short term liabilities (PKR4.6B).
Long Term Liabilities: OLPM's short term assets (PKR2.1B) exceed its long term liabilities (PKR1.1B).
Debt to Equity History and Analysis
Debt Level: OLPM's net debt to equity ratio (365.6%) is considered high.
Reducing Debt: OLPM's debt to equity ratio has increased from 381.2% to 415.2% over the past 5 years.
Debt Coverage: OLPM's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: OLPM's interest payments on its debt are not well covered by EBIT (1.2x coverage).