Ghani Glass Balance Sheet Health
Financial Health criteria checks 6/6
Ghani Glass has a total shareholder equity of PKR34.9B and total debt of PKR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are PKR50.6B and PKR15.7B respectively. Ghani Glass's EBIT is PKR6.7B making its interest coverage ratio -82.5. It has cash and short-term investments of PKR1.3B.
Key information
0%
Debt to equity ratio
PK₨0
Debt
| Interest coverage ratio | -82.5x |
| Cash | PK₨1.31b |
| Equity | PK₨34.88b |
| Total liabilities | PK₨15.70b |
| Total assets | PK₨50.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GHGL's short term assets (PKR29.4B) exceed its short term liabilities (PKR13.4B).
Long Term Liabilities: GHGL's short term assets (PKR29.4B) exceed its long term liabilities (PKR2.3B).
Debt to Equity History and Analysis
Debt Level: GHGL is debt free.
Reducing Debt: GHGL has no debt compared to 5 years ago when its debt to equity ratio was 3.6%.
Debt Coverage: GHGL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: GHGL has no debt, therefore coverage of interest payments is not a concern.