Ghani Glass Balance Sheet Health
Financial Health criteria checks 6/6
Ghani Glass has a total shareholder equity of PKR26.9B and total debt of PKR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are PKR40.9B and PKR14.1B respectively. Ghani Glass's EBIT is PKR7.7B making its interest coverage ratio -71.8. It has cash and short-term investments of PKR2.5B.
Key information
0%
Debt to equity ratio
PK₨0
Debt
Interest coverage ratio | -71.8x |
Cash | PK₨2.53b |
Equity | PK₨26.86b |
Total liabilities | PK₨14.09b |
Total assets | PK₨40.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GHGL's short term assets (PKR21.3B) exceed its short term liabilities (PKR12.1B).
Long Term Liabilities: GHGL's short term assets (PKR21.3B) exceed its long term liabilities (PKR2.0B).
Debt to Equity History and Analysis
Debt Level: GHGL is debt free.
Reducing Debt: GHGL had no debt 5 years ago.
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.