Gillette Pakistan Balance Sheet Health
Financial Health criteria checks 4/6
Gillette Pakistan has a total shareholder equity of PKR1.0B and total debt of PKR930.0M, which brings its debt-to-equity ratio to 89.7%. Its total assets and total liabilities are PKR2.8B and PKR1.7B respectively. Gillette Pakistan's EBIT is PKR894.1M making its interest coverage ratio 10.3. It has cash and short-term investments of PKR620.2M.
Key information
89.7%
Debt to equity ratio
PK₨930.00m
Debt
Interest coverage ratio | 10.3x |
Cash | PK₨620.17m |
Equity | PK₨1.04b |
Total liabilities | PK₨1.73b |
Total assets | PK₨2.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GLPL's short term assets (PKR2.6B) exceed its short term liabilities (PKR1.7B).
Long Term Liabilities: GLPL's short term assets (PKR2.6B) exceed its long term liabilities (PKR24.4M).
Debt to Equity History and Analysis
Debt Level: GLPL's net debt to equity ratio (29.9%) is considered satisfactory.
Reducing Debt: GLPL's debt to equity ratio has increased from 0% to 89.7% over the past 5 years.
Debt Coverage: GLPL's debt is not well covered by operating cash flow (10.9%).
Interest Coverage: GLPL's interest payments on its debt are well covered by EBIT (10.3x coverage).