Gersan Elektrik Ticaret ve Sanayi Anonim Sirketi Balance Sheet Health
Financial Health criteria checks 2/6
Gersan Elektrik Ticaret ve Sanayi Anonim Sirketi has a total shareholder equity of TRY448.8M and total debt of TRY238.2M, which brings its debt-to-equity ratio to 53.1%. Its total assets and total liabilities are TRY1.1B and TRY654.7M respectively. Gersan Elektrik Ticaret ve Sanayi Anonim Sirketi's EBIT is TRY21.6M making its interest coverage ratio 0.8. It has cash and short-term investments of TRY54.1M.
Key information
53.1%
Debt to equity ratio
₺238.19m
Debt
Interest coverage ratio | 0.8x |
Cash | ₺54.08m |
Equity | ₺448.78m |
Total liabilities | ₺654.71m |
Total assets | ₺1.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GEREL's short term assets (TRY663.6M) exceed its short term liabilities (TRY574.1M).
Long Term Liabilities: GEREL's short term assets (TRY663.6M) exceed its long term liabilities (TRY80.6M).
Debt to Equity History and Analysis
Debt Level: GEREL's net debt to equity ratio (41%) is considered high.
Reducing Debt: GEREL's debt to equity ratio has increased from 52.9% to 53.1% over the past 5 years.
Debt Coverage: GEREL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: GEREL's interest payments on its debt are not well covered by EBIT (0.8x coverage).