Organic Meat Balance Sheet Health
Financial Health criteria checks 6/6
Organic Meat has a total shareholder equity of PKR4.7B and total debt of PKR944.5M, which brings its debt-to-equity ratio to 20%. Its total assets and total liabilities are PKR5.9B and PKR1.2B respectively. Organic Meat's EBIT is PKR537.7M making its interest coverage ratio 6.2. It has cash and short-term investments of PKR368.0M.
Key information
20.0%
Debt to equity ratio
PK₨944.53m
Debt
Interest coverage ratio | 6.2x |
Cash | PK₨367.98m |
Equity | PK₨4.73b |
Total liabilities | PK₨1.21b |
Total assets | PK₨5.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TOMCL's short term assets (PKR3.0B) exceed its short term liabilities (PKR1.2B).
Long Term Liabilities: TOMCL's short term assets (PKR3.0B) exceed its long term liabilities (PKR57.1M).
Debt to Equity History and Analysis
Debt Level: TOMCL's net debt to equity ratio (12.2%) is considered satisfactory.
Reducing Debt: TOMCL's debt to equity ratio has reduced from 57.3% to 20% over the past 5 years.
Debt Coverage: TOMCL's debt is well covered by operating cash flow (58.5%).
Interest Coverage: TOMCL's interest payments on its debt are well covered by EBIT (6.2x coverage).