GlaxoSmithKline Pakistan Balance Sheet Health
Financial Health criteria checks 6/6
GlaxoSmithKline Pakistan has a total shareholder equity of PKR25.3B and total debt of PKR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are PKR47.3B and PKR22.0B respectively. GlaxoSmithKline Pakistan's EBIT is PKR7.2B making its interest coverage ratio -16.5. It has cash and short-term investments of PKR6.7B.
Key information
0%
Debt to equity ratio
PK₨0
Debt
| Interest coverage ratio | -16.5x |
| Cash | PK₨6.69b |
| Equity | PK₨25.26b |
| Total liabilities | PK₨22.00b |
| Total assets | PK₨47.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GLAXO's short term assets (PKR33.8B) exceed its short term liabilities (PKR20.1B).
Long Term Liabilities: GLAXO's short term assets (PKR33.8B) exceed its long term liabilities (PKR1.9B).
Debt to Equity History and Analysis
Debt Level: GLAXO is debt free.
Reducing Debt: GLAXO had no debt 5 years ago.
Debt Coverage: GLAXO has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: GLAXO has no debt, therefore coverage of interest payments is not a concern.