Goodluck Industries Balance Sheet Health
Financial Health criteria checks 6/6
Goodluck Industries has a total shareholder equity of PKR1.0B and total debt of PKR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are PKR1.2B and PKR145.8M respectively. Goodluck Industries's EBIT is PKR5.8M making its interest coverage ratio 418.5. It has cash and short-term investments of PKR62.7M.
Key information
0%
Debt to equity ratio
PK₨0
Debt
| Interest coverage ratio | 418.5x |
| Cash | PK₨62.69m |
| Equity | PK₨1.01b |
| Total liabilities | PK₨145.79m |
| Total assets | PK₨1.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GIL's short term assets (PKR205.7M) exceed its short term liabilities (PKR93.8M).
Long Term Liabilities: GIL's short term assets (PKR205.7M) exceed its long term liabilities (PKR52.0M).
Debt to Equity History and Analysis
Debt Level: GIL is debt free.
Reducing Debt: GIL has not had any debt for past 5 years.
Debt Coverage: GIL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: GIL has no debt, therefore coverage of interest payments is not a concern.