Tariq Corporation Limited (PSX: TCORP)

Tariq Corporation Balance Sheet

Financials in millions PKR. Fiscal year is October - September.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020	Sep 30, 2019
Cash & Equivalents	35.89	54.53	49.71	112.77	41.76	70.93
Trading Asset Securities	-	5.34	5.87	7.59	6.72	22.61
Cash & Short-Term Investments	42.97	59.87	55.58	120.36	48.47	93.54
Cash Growth	119.88%	7.73%	-53.82%	148.30%	-48.18%	412.28%
Accounts Receivable	1,252	188.84	127.98	156.17	847.88	284.71
Other Receivables	-	28.72	127.47	157.85	152.43	436.71
Receivables	1,252	217.56	255.45	314.02	1,000	721.42
Inventory	943.31	588.53	1,861	1,354	1,023	337.72
Prepaid Expenses	-	3.03	2.14	10.47	1	3.27
Other Current Assets	373.65	281.67	239.43	287.95	284.74	144.93
Total Current Assets	2,612	1,151	2,413	2,087	2,357	1,301
Property, Plant & Equipment	5,649	5,651	5,133	5,003	4,508	3,318
Long-Term Investments	15	15	15	-	-	-
Other Intangible Assets	70	70	-	-	-	-
Other Long-Term Assets	36.2	43.93	46.84	45.6	26.8	22.07
Total Assets	8,383	6,931	7,609	7,135	6,892	4,641
Accounts Payable	3,105	308.8	394.53	420.39	556.11	208.74
Accrued Expenses	50.32	190.18	294.08	163.16	164.75	92.86
Short-Term Debt	179.85	101.41	1,979	1,924	1,409	411.76
Current Portion of Long-Term Debt	439.88	391.21	314.81	329.91	119.36	74.91
Current Portion of Leases	-	14.02	5.14	1.97	4.39	-
Current Income Taxes Payable	31.05	635.06	147.5	93.14	183.81	50.38
Current Unearned Revenue	501.8	316.71	768.22	211.46	444.62	489.96
Other Current Liabilities	12.12	60.58	46.9	33.86	68.58	66.77
Total Current Liabilities	4,320	2,018	3,950	3,177	2,951	1,395
Long-Term Debt	344.8	590.12	604.87	674.87	702.03	277.66
Long-Term Leases	64.17	15.91	29.9	8.26	3.71	-
Long-Term Deferred Tax Liabilities	396.28	657.54	325.31	277.42	268.35	120.33
Total Liabilities	5,125	3,282	4,910	4,138	3,925	1,793
Common Stock	662.06	529.65	529.65	385.2	385.2	360
Additional Paid-In Capital	290.44	224.23	224.23	115.89	115.89	141.09
Retained Earnings	-255.65	198.68	-189.68	-50.19	-137.89	102.94
Comprehensive Income & Other	2,491	2,627	2,064	2,547	2,604	2,244
Total Common Equity	3,188	3,579	2,629	2,998	2,967	2,848
Shareholders' Equity	3,257	3,649	2,698	2,998	2,967	2,848
Total Liabilities & Equity	8,383	6,931	7,609	7,135	6,892	4,641
Total Debt	1,029	1,113	2,934	2,939	2,239	764.34
Net Cash (Debt)	-985.73	-1,053	-2,878	-2,818	-2,190	-670.8
Net Cash Per Share	-17.65	-17.49	-54.98	-68.72	-56.86	-17.41
Filing Date Shares Outstanding	66.21	52.97	52.97	38.52	38.52	38.52
Total Common Shares Outstanding	66.21	52.97	52.97	38.52	38.52	38.52
Working Capital	-1,708	-867.3	-1,537	-1,091	-593.36	-94.51
Book Value Per Share	48.15	67.58	49.63	77.82	77.03	73.93
Tangible Book Value	3,118	3,509	2,629	2,998	2,967	2,848
Tangible Book Value Per Share	47.09	66.26	49.63	77.82	77.03	73.93
Land	-	1,548	1,084	1,084	1,084	928.86
Buildings	-	510.15	476.37	468.78	465.66	443.89
Machinery	-	2,460	2,520	2,352	2,231	1,746
Construction In Progress	-	1,196	805.92	955.33	808.58	551.82
Leasehold Improvements	-	21.78	21.78	-	10.86	-

Source: S&P Capital IQ. Standard template. Financial Sources.