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 TRY358.4M and total debt of TRY23.5M, which brings its debt-to-equity ratio to 6.5%. Its total assets and total liabilities are TRY449.9M and TRY91.5M respectively. Gediz Ambalaj Sanayi ve Ticaret's EBIT is TRY121.7M making its interest coverage ratio -243.4. It has cash and short-term investments of TRY63.5M.
Key information
6.5%
Debt to equity ratio
₺23.47m
Debt
Interest coverage ratio | -243.4x |
Cash | ₺63.53m |
Equity | ₺358.40m |
Total liabilities | ₺91.47m |
Total assets | ₺449.87m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GEDZA's short term assets (TRY310.8M) exceed its short term liabilities (TRY84.4M).
Long Term Liabilities: GEDZA's short term assets (TRY310.8M) exceed its long term liabilities (TRY7.0M).
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 20.9% to 6.5% over the past 5 years.
Debt Coverage: GEDZA's debt is well covered by operating cash flow (134.1%).
Interest Coverage: GEDZA earns more interest than it pays, so coverage of interest payments is not a concern.