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.