Tariq Balance Sheet Health
Financial Health criteria checks 5/6
Tariq has a total shareholder equity of PKR3.3B and total debt of PKR964.5M, which brings its debt-to-equity ratio to 29.6%. Its total assets and total liabilities are PKR8.4B and PKR5.1B respectively.
Key information
29.6%
Debt to equity ratio
PK₨964.53m
Debt
| Interest coverage ratio | n/a |
| Cash | PK₨42.97m |
| Equity | PK₨3.26b |
| Total liabilities | PK₨5.13b |
| Total assets | PK₨8.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TCORP's short term assets (PKR2.6B) do not cover its short term liabilities (PKR4.3B).
Long Term Liabilities: TCORP's short term assets (PKR2.6B) exceed its long term liabilities (PKR805.2M).
Debt to Equity History and Analysis
Debt Level: TCORP's net debt to equity ratio (28.3%) is considered satisfactory.
Reducing Debt: TCORP's debt to equity ratio has reduced from 61.7% to 29.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable TCORP has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: TCORP is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 47.2% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 14:03 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/09/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Tariq Corporation Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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