Ghandhara Industries Balance Sheet Health
Financial Health criteria checks 6/6
Ghandhara Industries has a total shareholder equity of PKR9.6B and total debt of PKR1.2B, which brings its debt-to-equity ratio to 12.6%. Its total assets and total liabilities are PKR17.8B and PKR8.2B respectively. Ghandhara Industries's EBIT is PKR2.2B making its interest coverage ratio 8.3. It has cash and short-term investments of PKR396.9M.
Key information
12.6%
Debt to equity ratio
PK₨1.21b
Debt
| Interest coverage ratio | 8.3x |
| Cash | PK₨396.89m |
| Equity | PK₨9.62b |
| Total liabilities | PK₨8.20b |
| Total assets | PK₨17.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GHNI's short term assets (PKR11.5B) exceed its short term liabilities (PKR8.1B).
Long Term Liabilities: GHNI's short term assets (PKR11.5B) exceed its long term liabilities (PKR146.5M).
Debt to Equity History and Analysis
Debt Level: GHNI's net debt to equity ratio (8.5%) is considered satisfactory.
Reducing Debt: GHNI's debt to equity ratio has reduced from 141.8% to 12.6% over the past 5 years.
Debt Coverage: GHNI's debt is well covered by operating cash flow (134.1%).
Interest Coverage: GHNI's interest payments on its debt are well covered by EBIT (8.3x coverage).