Grainturk Tarim Anonim Sirketi Balance Sheet Health
Financial Health criteria checks 4/6
Grainturk Tarim Anonim Sirketi has a total shareholder equity of TRY3.2B and total debt of TRY116.9M, which brings its debt-to-equity ratio to 3.7%. Its total assets and total liabilities are TRY3.8B and TRY577.3M respectively. Grainturk Tarim Anonim Sirketi's EBIT is TRY358.0M making its interest coverage ratio -3.8. It has cash and short-term investments of TRY1.6M.
Key information
3.7%
Debt to equity ratio
₺116.92m
Debt
| Interest coverage ratio | -3.8x |
| Cash | ₺1.56m |
| Equity | ₺3.18b |
| Total liabilities | ₺577.30m |
| Total assets | ₺3.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GRTRK's short term assets (TRY1.6B) exceed its short term liabilities (TRY340.6M).
Long Term Liabilities: GRTRK's short term assets (TRY1.6B) exceed its long term liabilities (TRY236.7M).
Debt to Equity History and Analysis
Debt Level: GRTRK's net debt to equity ratio (3.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if GRTRK's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: GRTRK's debt is not well covered by operating cash flow (1.2%).
Interest Coverage: GRTRK earns more interest than it pays, so coverage of interest payments is not a concern.