Organic Meat Balance Sheet Health
Financial Health criteria checks 6/6
Organic Meat has a total shareholder equity of PKR4.9B and total debt of PKR918.6M, which brings its debt-to-equity ratio to 18.8%. Its total assets and total liabilities are PKR6.0B and PKR1.2B respectively. Organic Meat's EBIT is PKR650.6M making its interest coverage ratio 3.1. It has cash and short-term investments of PKR288.3M.
Key information
18.8%
Debt to equity ratio
PK₨918.58m
Debt
Interest coverage ratio | 3.1x |
Cash | PK₨288.25m |
Equity | PK₨4.88b |
Total liabilities | PK₨1.15b |
Total assets | PK₨6.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TOMCL's short term assets (PKR3.1B) exceed its short term liabilities (PKR1.1B).
Long Term Liabilities: TOMCL's short term assets (PKR3.1B) exceed its long term liabilities (PKR65.4M).
Debt to Equity History and Analysis
Debt Level: TOMCL's net debt to equity ratio (12.9%) is considered satisfactory.
Reducing Debt: TOMCL's debt to equity ratio has reduced from 49.7% to 18.8% over the past 5 years.
Debt Coverage: TOMCL's debt is well covered by operating cash flow (67.2%).
Interest Coverage: TOMCL's interest payments on its debt are well covered by EBIT (3.1x coverage).