Goodyear Lastikleri T.A.S Balance Sheet Health
Financial Health criteria checks 6/6
Goodyear Lastikleri T.A.S has a total shareholder equity of TRY3.5B and total debt of TRY1.3B, which brings its debt-to-equity ratio to 37.8%. Its total assets and total liabilities are TRY12.9B and TRY9.4B respectively. Goodyear Lastikleri T.A.S's EBIT is TRY1.1B making its interest coverage ratio 0.7. It has cash and short-term investments of TRY857.7M.
Key information
37.8%
Debt to equity ratio
₺1.34b
Debt
| Interest coverage ratio | 0.7x |
| Cash | ₺857.75m |
| Equity | ₺3.54b |
| Total liabilities | ₺9.40b |
| Total assets | ₺12.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GOODY's short term assets (TRY8.9B) exceed its short term liabilities (TRY8.6B).
Long Term Liabilities: GOODY's short term assets (TRY8.9B) exceed its long term liabilities (TRY833.5M).
Debt to Equity History and Analysis
Debt Level: GOODY's net debt to equity ratio (13.5%) is considered satisfactory.
Reducing Debt: GOODY's debt to equity ratio has reduced from 67.8% to 37.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable GOODY has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: GOODY is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 41.3% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 06:39 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Goodyear Lastikleri T.A.S. is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Gedik Yatirim Menkul Degerler A.S. |
| Praveen Gaikwad | Virtua Research Inc. |