Gillette Pakistan Balance Sheet Health
Financial Health criteria checks 2/6
Gillette Pakistan has a total shareholder equity of PKR1.1B and total debt of PKR1.3B, which brings its debt-to-equity ratio to 115.8%. Its total assets and total liabilities are PKR3.0B and PKR1.9B respectively. Gillette Pakistan's EBIT is PKR169.5M making its interest coverage ratio 1.2. It has cash and short-term investments of PKR668.6M.
Key information
115.8%
Debt to equity ratio
PK₨1.30b
Debt
| Interest coverage ratio | 1.2x |
| Cash | PK₨668.55m |
| Equity | PK₨1.12b |
| Total liabilities | PK₨1.87b |
| Total assets | PK₨2.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GLPL's short term assets (PKR2.8B) exceed its short term liabilities (PKR1.8B).
Long Term Liabilities: GLPL's short term assets (PKR2.8B) exceed its long term liabilities (PKR24.6M).
Debt to Equity History and Analysis
Debt Level: GLPL's net debt to equity ratio (56.2%) is considered high.
Reducing Debt: GLPL's debt to equity ratio has increased from 0% to 115.8% over the past 5 years.
Debt Coverage: GLPL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: GLPL's interest payments on its debt are not well covered by EBIT (1.2x coverage).