Ghani Global Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Ghani Global Holdings has a total shareholder equity of PKR12.6B and total debt of PKR5.2B, which brings its debt-to-equity ratio to 41.4%. Its total assets and total liabilities are PKR20.2B and PKR7.6B respectively. Ghani Global Holdings's EBIT is PKR1.7B making its interest coverage ratio 4.4. It has cash and short-term investments of PKR1.3B.
Key information
41.4%
Debt to equity ratio
PK₨5.19b
Debt
Interest coverage ratio | 4.4x |
Cash | PK₨1.29b |
Equity | PK₨12.55b |
Total liabilities | PK₨7.60b |
Total assets | PK₨20.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GGL's short term assets (PKR7.0B) exceed its short term liabilities (PKR3.8B).
Long Term Liabilities: GGL's short term assets (PKR7.0B) exceed its long term liabilities (PKR3.8B).
Debt to Equity History and Analysis
Debt Level: GGL's net debt to equity ratio (31.1%) is considered satisfactory.
Reducing Debt: GGL's debt to equity ratio has reduced from 80% to 41.4% over the past 5 years.
Debt Coverage: GGL's debt is well covered by operating cash flow (35.2%).
Interest Coverage: GGL's interest payments on its debt are well covered by EBIT (4.4x coverage).