Gimat Magazacilik Sanayi ve Ticaret Balance Sheet Health

Financial Health criteria checks 5/6

Gimat Magazacilik Sanayi ve Ticaret has a total shareholder equity of TRY2.4B and total debt of TRY1.0M, which brings its debt-to-equity ratio to 0.04%. Its total assets and total liabilities are TRY2.8B and TRY337.8M respectively. Gimat Magazacilik Sanayi ve Ticaret's EBIT is TRY159.1M making its interest coverage ratio -1.4. It has cash and short-term investments of TRY249.8M.

Key information

0.04%

Debt to equity ratio

₺1.02m

Debt

Interest coverage ratio	-1.4x
Cash	₺249.79m
Equity	₺2.41b
Total liabilities	₺337.80m
Total assets	₺2.75b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: GMTAS's short term assets (TRY662.3M) exceed its short term liabilities (TRY245.1M).

Long Term Liabilities: GMTAS's short term assets (TRY662.3M) exceed its long term liabilities (TRY92.7M).

Debt to Equity History and Analysis

Debt Level: GMTAS has more cash than its total debt.

Reducing Debt: Insufficient data to determine if GMTAS's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: GMTAS's debt is well covered by operating cash flow (22054.4%).

Interest Coverage: GMTAS earns more interest than it pays, so coverage of interest payments is not a concern.

Balance Sheet

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/28 00:33
End of Day Share Price	2024/12/27 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Gimat Magazacilik Sanayi ve Ticaret A.S. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution