OLP Modaraba Balance Sheet Health
Financial Health criteria checks 1/6
OLP Modaraba has a total shareholder equity of PKR1.2B and total debt of PKR5.5B, which brings its debt-to-equity ratio to 443.8%. Its total assets and total liabilities are PKR7.7B and PKR6.5B respectively. OLP Modaraba's EBIT is PKR1.3B making its interest coverage ratio 1.2. It has cash and short-term investments of PKR681.6M.
Key information
443.8%
Debt to equity ratio
PK₨5.52b
Debt
Interest coverage ratio | 1.2x |
Cash | PK₨681.61m |
Equity | PK₨1.24b |
Total liabilities | PK₨6.49b |
Total assets | PK₨7.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OLPM's short term assets (PKR2.6B) do not cover its short term liabilities (PKR5.5B).
Long Term Liabilities: OLPM's short term assets (PKR2.6B) exceed its long term liabilities (PKR1.0B).
Debt to Equity History and Analysis
Debt Level: OLPM's net debt to equity ratio (389%) is considered high.
Reducing Debt: OLPM's debt to equity ratio has increased from 425.8% to 443.8% 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).