GSK plc
DB:GS71 Stock Report
GSK Balance Sheet Health
Financial Health criteria checks 3/6 GSK has a total shareholder equity of £13.5B and total debt of £16.1B, which brings its debt-to-equity ratio to 119.4%. Its total assets and total liabilities are £58.0B and £44.6B respectively. GSK's EBIT is £6.9B making its interest coverage ratio 13.1. It has cash and short-term investments of £3.2B.
Key information
119.4%
Debt to equity ratio
Interest coverage ratio 13.1x Cash UK£3.21b Equity UK£13.45b Total liabilities UK£44.60b Total assets UK£58.05b
Recent financial health updates
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Third quarter 2024 earnings released: UK£0.014 loss per share (vs UK£0.36 profit in 3Q 2023) Oct 31
GSK plc Announces New Positive Arexvy Data in Younger Adults At Risk Oct 24
GSK plc Announces US Food and Drug Administration Accepts New Drug Application for Treatment of Uncomplicated Urinary Tract Infections in Female Adults and Adolescents Oct 16
GSK plc Announces Positive Headline Results from the Phase III Clinical Trials ANCHOR-1 and ANCHOR-2 Oct 14 Roche/Genentech's Gazyva Poised to Transform Lupus Nephritis Treatment After Positive Phase III Results
GSK plc Presents Positive Data for Arexvy, its Respiratory Syncytial Virus Vaccine Oct 08 Gsk Plc's Menveomeningococcal Vaccine in New Single-Vial, Fully Liquid Presentation Receives Positive European Chmp Opinion Sep 24
GSK plc Reaches Two Confidential Settlements in Cases Filed in California State Court with John Russell Sep 19
GSK plc Announces Positive Topline Data on Co-Administration of AREXVY and SHINGRIX Sep 18
GSK plc Announces Positive Headline Results of A Phase Ii Trial (Nct06431607) for Its Mrna Seasonal Influenza Vaccine Programme Sep 13
GSK plc Reaches Confidential Settlement in Zantac Litigation with Isaac Dixon Sep 12
GSK plc Provides Update on Phase I/II Therapeutic Herpes Simplex Virus Vaccine Trial Sep 11
GSK plc Announces European Commission Has Authorised Arexvy for Active Immunisation for the Prevention of Lower Respiratory Tract Disease Aug 29 GSK plc Announces Zantac (Ranitidine) Litigation Update GSK plc Receives US Food and Drug Administration Breakthrough Therapy Designation for GSK5764227 Aug 20
Gsk plc Announces Zantac (Ranitidine) Litigation Update Aug 16
GSK plc Announces Zantac (Ranitidine) Litigation Update Aug 06
Second quarter dividend of UK£0.15 announced Aug 02 GSK plc Announces US FDA Expands Jemperli (Dostarlimab-Gxly) Plus Chemotherapy Approval to All Adult Patients with Primary Advanced or Recurrent Endometrial Cancer as the First and Only Immuno-Oncology-Based Treatment to Show an Overall Survival Benefit Aug 02
Second quarter 2024 earnings released: EPS: UK£0.29 (vs UK£0.40 in 2Q 2023) Aug 01 GSK plc Declares Second Interim Dividend for Second Quarter of 2024, Payable on 10 October 2024 Jul 31
GSK plc Announces Blenrep EMA Filing Acceptance Jul 22
GSK plc Begins Shipping Influenza Vaccine Doses for 2024-25 Season Jul 12
GSK's Omjjara (Momelotinib) Receives Approval in Japan for Treatment of Myelofibrosis iTeos Therapeutics, Inc. and GSK Initiate GALAXIES Lung-301 Phase 3 Study, Assessing Belrestotug and Dostarlimab in Previously Unresectable Locally Advanced / Metastatic PD-L1 Selected Non-Small Cell Lung Cancer Jun 18
GSK plc Announces That the US Food and Drug Administration (FDA) Has Approved Arexvy Jun 13
GSK plc (LSE:GSK) acquired Elsie Biotechnologies for $50 million. Jun 08 GSK plc Announces Positive Results from an Interim Analysis of the DREAMM-8 Phase III Head-To-Head Trial Evaluating Belantamab Mafodotin Jun 05
GSK plc Provides Litigation Update May 25
An unknown buyer intended to acquire 4.2% stake in Haleon plc (LSE:HLN) from GSK plc (LSE:GSK) for £1.2 billion. May 18
GSK Announces Intention to Sell Approximately 385 Million Shares in Haleon Gsk plc Announces Board Committee Changes May 09
First quarter dividend of UK£0.15 announced May 03
GSK plc to Report Q2, 2024 Results on Jul 31, 2024 May 03
First quarter 2024 earnings released: EPS: UK£0.26 (vs UK£0.37 in 1Q 2023) May 02 GSK plc Announces the US Food and Drug Administration Accepted the Supplemental Biologics License Application for Jemperli Apr 24
GSK plc Announces Positive Results from the Pivotal Eagle-1 Phase III Trial for Gepotidacin GSK plc Announces US Food and Drug Administration Accepts for Review Biologics License Application for its 5-in-1 Meningococcal ABCWY (MenABCWY) Vaccine Candidate Apr 16
GSK plc, Annual General Meeting, May 08, 2024 Mar 26 GSK plc Appoints Hal Dietz as Member of Nominations & Corporate Governance Committee, Effective 11 March 2024 Mar 09
GSK plc Announces Positive Headline Results from an Interim Analysis of the Dreamm-8 Phase Iii Head-To-Head Trial Evaluating Blenrep (Belantamab Mafodotin) Mar 08
New minor risk - Earnings quality Mar 04
Full year 2023 earnings released: EPS: UK£1.22 (vs UK£1.11 in FY 2022) Mar 04 GSK plc Reaches a Confidential Settlement with Boyd/Steenvoord GSK plc (LSE:GSK) completed the acquisition of Aiolos Bio, Inc. from a group of shareholders. Feb 15
Upcoming dividend of UK£0.16 per share at 3.5% yield Feb 15
Financial Position Analysis
Short Term Liabilities: GS71's short term assets (£17.3B) do not cover its short term liabilities (£21.5B).
Long Term Liabilities: GS71's short term assets (£17.3B) do not cover its long term liabilities (£23.1B).
Debt to Equity History and Analysis
Debt Level: GS71's net debt to equity ratio (95.5%) is considered high .
Reducing Debt: GS71's debt to equity ratio has reduced from 183% to 119.4% over the past 5 years.
Debt Coverage: GS71's debt is well covered by operating cash flow (46.2%).
Interest Coverage: GS71's interest payments on its debt are well covered by EBIT (13.1x coverage).
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