Goodyear Lastikleri T.A.S Balance Sheet Health
Financial Health criteria checks 5/6
Goodyear Lastikleri T.A.S has a total shareholder equity of TRY3.0B and total debt of TRY1.1B, which brings its debt-to-equity ratio to 35.3%. Its total assets and total liabilities are TRY10.3B and TRY7.3B respectively. Goodyear Lastikleri T.A.S's EBIT is TRY1.2B making its interest coverage ratio 1.6. It has cash and short-term investments of TRY499.1M.
Key information
35.3%
Debt to equity ratio
₺1.05b
Debt
Interest coverage ratio | 1.6x |
Cash | ₺499.12m |
Equity | ₺2.98b |
Total liabilities | ₺7.29b |
Total assets | ₺10.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GOODY's short term assets (TRY7.1B) exceed its short term liabilities (TRY6.6B).
Long Term Liabilities: GOODY's short term assets (TRY7.1B) exceed its long term liabilities (TRY733.5M).
Debt to Equity History and Analysis
Debt Level: GOODY's net debt to equity ratio (18.6%) is considered satisfactory.
Reducing Debt: GOODY's debt to equity ratio has reduced from 45% to 35.3% over the past 5 years.
Debt Coverage: GOODY's debt is well covered by operating cash flow (95%).
Interest Coverage: GOODY's interest payments on its debt are not well covered by EBIT (1.6x coverage).