Ghandhara Industries Balance Sheet Health
Financial Health criteria checks 5/6
Ghandhara Industries has a total shareholder equity of PKR8.3B and total debt of PKR2.6B, which brings its debt-to-equity ratio to 31%. Its total assets and total liabilities are PKR16.3B and PKR8.0B respectively. Ghandhara Industries's EBIT is PKR1.0B making its interest coverage ratio 1.9. It has cash and short-term investments of PKR209.6M.
Key information
31.0%
Debt to equity ratio
PK₨2.57b
Debt
Interest coverage ratio | 1.9x |
Cash | PK₨209.58m |
Equity | PK₨8.28b |
Total liabilities | PK₨8.00b |
Total assets | PK₨16.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GHNI's short term assets (PKR10.3B) exceed its short term liabilities (PKR7.9B).
Long Term Liabilities: GHNI's short term assets (PKR10.3B) exceed its long term liabilities (PKR146.7M).
Debt to Equity History and Analysis
Debt Level: GHNI's net debt to equity ratio (28.5%) is considered satisfactory.
Reducing Debt: GHNI's debt to equity ratio has reduced from 179.2% to 31% over the past 5 years.
Debt Coverage: GHNI's debt is well covered by operating cash flow (86.8%).
Interest Coverage: GHNI's interest payments on its debt are not well covered by EBIT (1.9x coverage).