Gatron (Industries) Balance Sheet Health
Financial Health criteria checks 2/6
Gatron (Industries) has a total shareholder equity of PKR14.0B and total debt of PKR16.0B, which brings its debt-to-equity ratio to 113.9%. Its total assets and total liabilities are PKR39.9B and PKR25.9B respectively. Gatron (Industries)'s EBIT is PKR383.8M making its interest coverage ratio 0.3. It has cash and short-term investments of PKR629.4M.
Key information
113.9%
Debt to equity ratio
PK₨15.96b
Debt
| Interest coverage ratio | 0.3x |
| Cash | PK₨629.36m |
| Equity | PK₨14.01b |
| Total liabilities | PK₨25.86b |
| Total assets | PK₨39.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GATI's short term assets (PKR17.6B) exceed its short term liabilities (PKR16.1B).
Long Term Liabilities: GATI's short term assets (PKR17.6B) exceed its long term liabilities (PKR9.8B).
Debt to Equity History and Analysis
Debt Level: GATI's net debt to equity ratio (109.4%) is considered high.
Reducing Debt: GATI's debt to equity ratio has increased from 20.5% to 113.9% over the past 5 years.
Debt Coverage: GATI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: GATI's interest payments on its debt are not well covered by EBIT (0.3x coverage).