Ghandhara Automobiles Balance Sheet Health
Financial Health criteria checks 4/6
Ghandhara Automobiles has a total shareholder equity of PKR7.9B and total debt of PKR2.1B, which brings its debt-to-equity ratio to 27.1%. Its total assets and total liabilities are PKR12.6B and PKR4.7B respectively. Ghandhara Automobiles's EBIT is PKR632.2M making its interest coverage ratio 4.7. It has cash and short-term investments of PKR1.3B.
Key information
27.1%
Debt to equity ratio
PK₨2.15b
Debt
Interest coverage ratio | 4.7x |
Cash | PK₨1.33b |
Equity | PK₨7.92b |
Total liabilities | PK₨4.70b |
Total assets | PK₨12.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GAL's short term assets (PKR5.9B) exceed its short term liabilities (PKR3.4B).
Long Term Liabilities: GAL's short term assets (PKR5.9B) exceed its long term liabilities (PKR1.3B).
Debt to Equity History and Analysis
Debt Level: GAL's net debt to equity ratio (10.4%) is considered satisfactory.
Reducing Debt: GAL's debt to equity ratio has increased from 2.6% to 27.1% over the past 5 years.
Debt Coverage: GAL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: GAL's interest payments on its debt are well covered by EBIT (4.7x coverage).