Punjab Oil Mills Balance Sheet Health
Financial Health criteria checks 3/6
Punjab Oil Mills has a total shareholder equity of PKR2.8B and total debt of PKR635.8M, which brings its debt-to-equity ratio to 22.7%. Its total assets and total liabilities are PKR4.6B and PKR1.8B respectively. Punjab Oil Mills's EBIT is PKR148.2M making its interest coverage ratio 1.1. It has cash and short-term investments of PKR42.3M.
Key information
22.7%
Debt to equity ratio
PK₨635.78m
Debt
Interest coverage ratio | 1.1x |
Cash | PK₨42.28m |
Equity | PK₨2.80b |
Total liabilities | PK₨1.81b |
Total assets | PK₨4.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: POML's short term assets (PKR2.4B) exceed its short term liabilities (PKR1.6B).
Long Term Liabilities: POML's short term assets (PKR2.4B) exceed its long term liabilities (PKR198.3M).
Debt to Equity History and Analysis
Debt Level: POML's net debt to equity ratio (21.2%) is considered satisfactory.
Reducing Debt: POML's debt to equity ratio has increased from 11.1% to 22.7% over the past 5 years.
Debt Coverage: POML's debt is not well covered by operating cash flow (14%).
Interest Coverage: POML's interest payments on its debt are not well covered by EBIT (1.1x coverage).