Organic Meat Balance Sheet Health
Financial Health criteria checks 6/6
Organic Meat has a total shareholder equity of PKR5.1B and total debt of PKR878.5M, which brings its debt-to-equity ratio to 17.2%. Its total assets and total liabilities are PKR6.4B and PKR1.3B respectively. Organic Meat's EBIT is PKR906.0M making its interest coverage ratio 5. It has cash and short-term investments of PKR377.9M.
Key information
17.2%
Debt to equity ratio
PK₨878.45m
Debt
| Interest coverage ratio | 5x |
| Cash | PK₨377.94m |
| Equity | PK₨5.11b |
| Total liabilities | PK₨1.30b |
| Total assets | PK₨6.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TOMCL's short term assets (PKR3.2B) exceed its short term liabilities (PKR1.1B).
Long Term Liabilities: TOMCL's short term assets (PKR3.2B) exceed its long term liabilities (PKR151.3M).
Debt to Equity History and Analysis
Debt Level: TOMCL's net debt to equity ratio (9.8%) is considered satisfactory.
Reducing Debt: TOMCL's debt to equity ratio has reduced from 41.9% to 17.2% over the past 5 years.
Debt Coverage: TOMCL's debt is well covered by operating cash flow (95.4%).
Interest Coverage: TOMCL's interest payments on its debt are well covered by EBIT (5x coverage).