Gersan Elektrik Ticaret ve Sanayi Anonim Sirketi Balance Sheet Health
Financial Health criteria checks 4/6
Gersan Elektrik Ticaret ve Sanayi Anonim Sirketi has a total shareholder equity of TRY887.5M and total debt of TRY482.4M, which brings its debt-to-equity ratio to 54.4%. Its total assets and total liabilities are TRY3.1B and TRY2.2B respectively. Gersan Elektrik Ticaret ve Sanayi Anonim Sirketi's EBIT is TRY11.1M making its interest coverage ratio 0.3. It has cash and short-term investments of TRY28.5M.
Key information
54.4%
Debt to equity ratio
₺482.37m
Debt
| Interest coverage ratio | 0.3x |
| Cash | ₺28.51m |
| Equity | ₺887.50m |
| Total liabilities | ₺2.19b |
| Total assets | ₺3.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GEREL's short term assets (TRY1.7B) exceed its short term liabilities (TRY1.0B).
Long Term Liabilities: GEREL's short term assets (TRY1.7B) exceed its long term liabilities (TRY1.2B).
Debt to Equity History and Analysis
Debt Level: GEREL's net debt to equity ratio (51.1%) is considered high.
Reducing Debt: GEREL's debt to equity ratio has reduced from 77.1% to 54.4% over the past 5 years.
Debt Coverage: GEREL's debt is well covered by operating cash flow (87.6%).
Interest Coverage: GEREL's interest payments on its debt are not well covered by EBIT (0.3x coverage).