Göltas Göller Bölgesi Cimento Sanayi ve Ticaret Balance Sheet Health
Financial Health criteria checks 6/6
Göltas Göller Bölgesi Cimento Sanayi ve Ticaret has a total shareholder equity of TRY5.3B and total debt of TRY992.0M, which brings its debt-to-equity ratio to 18.7%. Its total assets and total liabilities are TRY7.1B and TRY1.8B respectively. Göltas Göller Bölgesi Cimento Sanayi ve Ticaret's EBIT is TRY1.1B making its interest coverage ratio -6.9. It has cash and short-term investments of TRY69.5M.
Key information
18.7%
Debt to equity ratio
₺991.98m
Debt
| Interest coverage ratio | -6.9x |
| Cash | ₺69.51m |
| Equity | ₺5.31b |
| Total liabilities | ₺1.76b |
| Total assets | ₺7.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GOLTS's short term assets (TRY1.6B) exceed its short term liabilities (TRY1.4B).
Long Term Liabilities: GOLTS's short term assets (TRY1.6B) exceed its long term liabilities (TRY375.2M).
Debt to Equity History and Analysis
Debt Level: GOLTS's net debt to equity ratio (17.4%) is considered satisfactory.
Reducing Debt: GOLTS's debt to equity ratio has reduced from 118.5% to 18.7% over the past 5 years.
Debt Coverage: GOLTS's debt is well covered by operating cash flow (117.4%).
Interest Coverage: GOLTS earns more interest than it pays, so coverage of interest payments is not a concern.