Gharibwal Cement Balance Sheet Health
Financial Health criteria checks 5/6
Gharibwal Cement has a total shareholder equity of PKR23.0B and total debt of PKR1.4B, which brings its debt-to-equity ratio to 6.1%. Its total assets and total liabilities are PKR36.9B and PKR13.9B respectively. Gharibwal Cement's EBIT is PKR2.1B making its interest coverage ratio -25.1. It has cash and short-term investments of PKR1.5B.
Key information
6.1%
Debt to equity ratio
PK₨1.41b
Debt
Interest coverage ratio | -25.1x |
Cash | PK₨1.51b |
Equity | PK₨22.99b |
Total liabilities | PK₨13.88b |
Total assets | PK₨36.88b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GWLC's short term assets (PKR8.5B) exceed its short term liabilities (PKR4.3B).
Long Term Liabilities: GWLC's short term assets (PKR8.5B) do not cover its long term liabilities (PKR9.6B).
Debt to Equity History and Analysis
Debt Level: GWLC has more cash than its total debt.
Reducing Debt: GWLC's debt to equity ratio has reduced from 31% to 6.1% over the past 5 years.
Debt Coverage: GWLC's debt is well covered by operating cash flow (119.4%).
Interest Coverage: GWLC earns more interest than it pays, so coverage of interest payments is not a concern.