Gatron (Industries) Balance Sheet Health
Financial Health criteria checks 3/6
Gatron (Industries) has a total shareholder equity of PKR14.4B and total debt of PKR11.3B, which brings its debt-to-equity ratio to 78.4%. Its total assets and total liabilities are PKR41.5B and PKR27.0B respectively. Gatron (Industries)'s EBIT is PKR1.3B making its interest coverage ratio 1.3. It has cash and short-term investments of PKR3.5B.
Key information
78.4%
Debt to equity ratio
PK₨11.29b
Debt
Interest coverage ratio | 1.3x |
Cash | PK₨3.45b |
Equity | PK₨14.41b |
Total liabilities | PK₨27.05b |
Total assets | PK₨41.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GATI's short term assets (PKR18.3B) exceed its short term liabilities (PKR16.9B).
Long Term Liabilities: GATI's short term assets (PKR18.3B) exceed its long term liabilities (PKR10.1B).
Debt to Equity History and Analysis
Debt Level: GATI's net debt to equity ratio (54.4%) is considered high.
Reducing Debt: GATI's debt to equity ratio has increased from 6.2% to 78.4% over the past 5 years.
Debt Coverage: GATI's debt is well covered by operating cash flow (58.1%).
Interest Coverage: GATI's interest payments on its debt are not well covered by EBIT (1.3x coverage).