Gediz Ambalaj Sanayi ve Ticaret Balance Sheet Health
Financial Health criteria checks 6/6
Gediz Ambalaj Sanayi ve Ticaret has a total shareholder equity of TRY873.1M and total debt of TRY85.1M, which brings its debt-to-equity ratio to 9.7%. Its total assets and total liabilities are TRY1.1B and TRY235.0M respectively. Gediz Ambalaj Sanayi ve Ticaret's EBIT is TRY125.0M making its interest coverage ratio 6.4. It has cash and short-term investments of TRY146.0M.
Key information
9.7%
Debt to equity ratio
₺85.10m
Debt
| Interest coverage ratio | 6.4x |
| Cash | ₺146.00m |
| Equity | ₺873.10m |
| Total liabilities | ₺234.96m |
| Total assets | ₺1.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GEDZA's short term assets (TRY524.8M) exceed its short term liabilities (TRY117.6M).
Long Term Liabilities: GEDZA's short term assets (TRY524.8M) exceed its long term liabilities (TRY117.4M).
Debt to Equity History and Analysis
Debt Level: GEDZA has more cash than its total debt.
Reducing Debt: GEDZA's debt to equity ratio has reduced from 18.4% to 9.7% over the past 5 years.
Debt Coverage: GEDZA's debt is well covered by operating cash flow (126.5%).
Interest Coverage: GEDZA's interest payments on its debt are well covered by EBIT (6.4x coverage).