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: TCORPCPS's short term assets (PKR2.6B) do not cover its short term liabilities (PKR4.3B).
Long Term Liabilities: TCORPCPS's short term assets (PKR2.6B) exceed its long term liabilities (PKR805.2M).
Debt to Equity History and Analysis
Debt Level: TCORPCPS's net debt to equity ratio (28.3%) is considered satisfactory.
Reducing Debt: TCORPCPS'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 TCORPCPS has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: TCORPCPS 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.