TGS Dis Ticaret Anonim Sirketi Balance Sheet Health
Financial Health criteria checks 3/6
TGS Dis Ticaret Anonim Sirketi has a total shareholder equity of TRY125.2M and total debt of TRY5.7B, which brings its debt-to-equity ratio to 4568.4%. Its total assets and total liabilities are TRY5.9B and TRY5.8B respectively. TGS Dis Ticaret Anonim Sirketi's EBIT is TRY51.7M making its interest coverage ratio -7.4. It has cash and short-term investments of TRY19.2M.
Key information
4,568.4%
Debt to equity ratio
₺5.72b
Debt
Interest coverage ratio | -7.4x |
Cash | ₺19.16m |
Equity | ₺125.23m |
Total liabilities | ₺5.75b |
Total assets | ₺5.88b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TGSAS's short term assets (TRY5.8B) exceed its short term liabilities (TRY5.7B).
Long Term Liabilities: TGSAS's short term assets (TRY5.8B) exceed its long term liabilities (TRY7.8M).
Debt to Equity History and Analysis
Debt Level: TGSAS's net debt to equity ratio (4553.1%) is considered high.
Reducing Debt: TGSAS's debt to equity ratio has increased from 9% to 4568.4% over the past 5 years.
Debt Coverage: TGSAS's debt is not well covered by operating cash flow (0.3%).
Interest Coverage: TGSAS earns more interest than it pays, so coverage of interest payments is not a concern.