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
UK£16.06b
Debt
| 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
Does GSK (LON:GSK) Have A Healthy Balance Sheet?
Dec 01
Does GSK (LON:GSK) Have A Healthy Balance Sheet?
Sep 01These 4 Measures Indicate That GSK (LON:GSK) Is Using Debt Reasonably Well
Apr 19Recent updates
Does GSK (LON:GSK) Have A Healthy Balance Sheet?
Dec 01GSK's (LON:GSK) Conservative Accounting Might Explain Soft Earnings
Nov 06GSK plc (LON:GSK) Not Flying Under The Radar
Nov 02GSK (LON:GSK) Is Paying Out A Dividend Of £0.15
Nov 02Does GSK (LON:GSK) Have A Healthy Balance Sheet?
Sep 01GSK (LON:GSK) Is Paying Out A Dividend Of £0.15
Aug 05GSK (LON:GSK) Will Pay A Dividend Of £0.15
May 05We Think Shareholders Are Less Likely To Approve A Large Pay Rise For GSK plc's (LON:GSK) CEO For Now
May 02These 4 Measures Indicate That GSK (LON:GSK) Is Using Debt Reasonably Well
Apr 19Financial Position Analysis
Short Term Liabilities: GSK's short term assets (£17.3B) do not cover its short term liabilities (£21.5B).
Long Term Liabilities: GSK's short term assets (£17.3B) do not cover its long term liabilities (£23.1B).
Debt to Equity History and Analysis
Debt Level: GSK's net debt to equity ratio (95.5%) is considered high.
Reducing Debt: GSK's debt to equity ratio has reduced from 183% to 119.4% over the past 5 years.
Debt Coverage: GSK's debt is well covered by operating cash flow (46.2%).
Interest Coverage: GSK's interest payments on its debt are well covered by EBIT (13.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 07:19 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
GSK plc is covered by 63 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kamla Singh | AlphaValue |
| John Eade | Argus Research Company |
| Odile Rundquist | Baader Helvea Equity Research |