Ghani Global Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Ghani Global Holdings has a total shareholder equity of PKR13.3B and total debt of PKR5.8B, which brings its debt-to-equity ratio to 43.3%. Its total assets and total liabilities are PKR21.9B and PKR8.6B respectively. Ghani Global Holdings's EBIT is PKR1.8B making its interest coverage ratio 4.1. It has cash and short-term investments of PKR1.7B.
Key information
43.3%
Debt to equity ratio
PK₨5.75b
Debt
| Interest coverage ratio | 4.1x |
| Cash | PK₨1.71b |
| Equity | PK₨13.30b |
| Total liabilities | PK₨8.64b |
| Total assets | PK₨21.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GGL's short term assets (PKR7.7B) exceed its short term liabilities (PKR4.9B).
Long Term Liabilities: GGL's short term assets (PKR7.7B) exceed its long term liabilities (PKR3.7B).
Debt to Equity History and Analysis
Debt Level: GGL's net debt to equity ratio (30.4%) is considered satisfactory.
Reducing Debt: GGL's debt to equity ratio has reduced from 81.1% to 43.3% over the past 5 years.
Debt Coverage: GGL's debt is well covered by operating cash flow (38.6%).
Interest Coverage: GGL's interest payments on its debt are well covered by EBIT (4.1x coverage).