Ghandhara Tyre and Rubber Balance Sheet Health
Financial Health criteria checks 2/6
Ghandhara Tyre and Rubber has a total shareholder equity of PKR6.0B and total debt of PKR7.5B, which brings its debt-to-equity ratio to 125.4%. Its total assets and total liabilities are PKR19.7B and PKR13.7B respectively. Ghandhara Tyre and Rubber's EBIT is PKR2.0B making its interest coverage ratio 1.2. It has cash and short-term investments of PKR229.9M.
Key information
125.4%
Debt to equity ratio
PK₨7.55b
Debt
Interest coverage ratio | 1.2x |
Cash | PK₨229.86m |
Equity | PK₨6.02b |
Total liabilities | PK₨13.67b |
Total assets | PK₨19.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GTYR's short term assets (PKR12.4B) do not cover its short term liabilities (PKR12.6B).
Long Term Liabilities: GTYR's short term assets (PKR12.4B) exceed its long term liabilities (PKR1.0B).
Debt to Equity History and Analysis
Debt Level: GTYR's net debt to equity ratio (121.6%) is considered high.
Reducing Debt: GTYR's debt to equity ratio has reduced from 199.3% to 125.4% over the past 5 years.
Debt Coverage: GTYR's debt is not well covered by operating cash flow (2.3%).
Interest Coverage: GTYR's interest payments on its debt are not well covered by EBIT (1.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
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Company Analysis | 2024/12/26 21:28 |
End of Day Share Price | 2024/12/26 00:00 |
Earnings | 2024/09/30 |
Annual Earnings | 2024/06/30 |
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 * |
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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
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Industry and Sector Metrics
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Analyst Sources
Ghandhara Tyre and Rubber Company Limited is covered by 7 analysts. 0 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 |
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null null | Akseer Research (Pvt.) Limited |
Ahmed Raza Munaf | Intermarket Securities Limited |
Shumaila Badar | Ismail Iqbal Securities (Pvt.) Ltd. |