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Balance sheet of Glaxosmithkline Phar is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Glaxosmithkline Phar is increasing.
Latest debt of Glaxosmithkline Phar is -₹1,110.01 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹2,126.44 Crs.
The profit is oscillating.
The profit of Glaxosmithkline Phar is ₹859 Crs for TTM, ₹590 Crs for Mar 2024 and ₹611 Crs for Mar 2023.
The company seems to pay a good stable dividend.
Glaxosmithkline Phar latest dividend payout ratio is 91.89% and 3yr average dividend payout ratio is 90.21%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments