GRAINTURK Holding Balance Sheet Health
Financial Health criteria checks 5/6
GRAINTURK Holding has a total shareholder equity of TRY4.1B and total debt of TRY228.1M, which brings its debt-to-equity ratio to 5.5%. Its total assets and total liabilities are TRY4.8B and TRY631.4M respectively. GRAINTURK Holding's EBIT is TRY543.6M making its interest coverage ratio -3.4. It has cash and short-term investments of TRY217.1M.
Key information
5.5%
Debt to equity ratio
₺228.09m
Debt
| Interest coverage ratio | -3.4x |
| Cash | ₺217.11m |
| Equity | ₺4.13b |
| Total liabilities | ₺631.41m |
| Total assets | ₺4.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GRTHO's short term assets (TRY1.8B) exceed its short term liabilities (TRY273.9M).
Long Term Liabilities: GRTHO's short term assets (TRY1.8B) exceed its long term liabilities (TRY357.5M).
Debt to Equity History and Analysis
Debt Level: GRTHO's net debt to equity ratio (0.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if GRTHO's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: GRTHO's debt is well covered by operating cash flow (200.5%).
Interest Coverage: GRTHO earns more interest than it pays, so coverage of interest payments is not a concern.