Gelecek Varlik Yönetimi Anonim Sirketi Balance Sheet Health
Financial Health criteria checks 6/6
Gelecek Varlik Yönetimi Anonim Sirketi has a total shareholder equity of TRY1.6B and total debt of TRY549.8M, which brings its debt-to-equity ratio to 33.5%. Its total assets and total liabilities are TRY2.6B and TRY982.5M respectively. Gelecek Varlik Yönetimi Anonim Sirketi's EBIT is TRY1.4B making its interest coverage ratio 10.8. It has cash and short-term investments of TRY307.6M.
Key information
33.5%
Debt to equity ratio
₺549.81m
Debt
| Interest coverage ratio | 10.8x |
| Cash | ₺307.55m |
| Equity | ₺1.64b |
| Total liabilities | ₺982.50m |
| Total assets | ₺2.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GLCVY's short term assets (TRY2.6B) exceed its short term liabilities (TRY755.2M).
Long Term Liabilities: GLCVY's short term assets (TRY2.6B) exceed its long term liabilities (TRY227.3M).
Debt to Equity History and Analysis
Debt Level: GLCVY's net debt to equity ratio (14.8%) is considered satisfactory.
Reducing Debt: GLCVY's debt to equity ratio has reduced from 289.5% to 33.5% over the past 5 years.
Debt Coverage: GLCVY's debt is well covered by operating cash flow (40.6%).
Interest Coverage: GLCVY's interest payments on its debt are well covered by EBIT (10.8x coverage).