Girisim Elektrik Sanayi Taahhüt ve Ticaret Balance Sheet Health
Financial Health criteria checks 5/6
Girisim Elektrik Sanayi Taahhüt ve Ticaret has a total shareholder equity of TRY12.8B and total debt of TRY1.4B, which brings its debt-to-equity ratio to 10.5%. Its total assets and total liabilities are TRY23.3B and TRY10.4B respectively. Girisim Elektrik Sanayi Taahhüt ve Ticaret's EBIT is TRY3.2B making its interest coverage ratio -4.2. It has cash and short-term investments of TRY2.0B.
Key information
10.5%
Debt to equity ratio
₺1.35b
Debt
| Interest coverage ratio | -4.2x |
| Cash | ₺2.00b |
| Equity | ₺12.83b |
| Total liabilities | ₺10.44b |
| Total assets | ₺23.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GESAN's short term assets (TRY17.3B) exceed its short term liabilities (TRY8.5B).
Long Term Liabilities: GESAN's short term assets (TRY17.3B) exceed its long term liabilities (TRY1.9B).
Debt to Equity History and Analysis
Debt Level: GESAN has more cash than its total debt.
Reducing Debt: Insufficient data to determine if GESAN's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: GESAN's debt is well covered by operating cash flow (40.2%).
Interest Coverage: GESAN earns more interest than it pays, so coverage of interest payments is not a concern.