Gipta Ofis Kirtasiye ve Promosyon Ürünleri Imalat Sanayi Balance Sheet Health
Financial Health criteria checks 5/6
Gipta Ofis Kirtasiye ve Promosyon Ürünleri Imalat Sanayi has a total shareholder equity of TRY2.3B and total debt of TRY69.3M, which brings its debt-to-equity ratio to 3%. Its total assets and total liabilities are TRY3.0B and TRY692.5M respectively. Gipta Ofis Kirtasiye ve Promosyon Ürünleri Imalat Sanayi's EBIT is TRY187.9M making its interest coverage ratio -1. It has cash and short-term investments of TRY657.8M.
Key information
3.0%
Debt to equity ratio
₺69.35m
Debt
| Interest coverage ratio | -1x |
| Cash | ₺657.81m |
| Equity | ₺2.34b |
| Total liabilities | ₺692.51m |
| Total assets | ₺3.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GIPTA's short term assets (TRY2.1B) exceed its short term liabilities (TRY538.7M).
Long Term Liabilities: GIPTA's short term assets (TRY2.1B) exceed its long term liabilities (TRY153.8M).
Debt to Equity History and Analysis
Debt Level: GIPTA has more cash than its total debt.
Reducing Debt: Insufficient data to determine if GIPTA's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: GIPTA's debt is well covered by operating cash flow (52.6%).
Interest Coverage: GIPTA earns more interest than it pays, so coverage of interest payments is not a concern.