Ghandhara Tyre and Rubber Company Limited

KASE:GTYR Stock Report

Market Cap: PK₨6.2b

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 ratio1.2x
CashPK₨229.86m
EquityPK₨6.02b
Total liabilitiesPK₨13.67b
Total assetsPK₨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

DataLast Updated (UTC time)
Company Analysis2024/12/26 21:28
End of Day Share Price 2024/12/26 00:00
Earnings2024/09/30
Annual Earnings2024/06/30

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

AnalystInstitution
null nullAkseer Research (Pvt.) Limited
Ahmed Raza MunafIntermarket Securities Limited
Shumaila BadarIsmail Iqbal Securities (Pvt.) Ltd.