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 TRY7.9B and total debt of TRY1.5B, which brings its debt-to-equity ratio to 18.6%. Its total assets and total liabilities are TRY10.3B and TRY2.4B respectively. Göltas Göller Bölgesi Cimento Sanayi ve Ticaret's EBIT is TRY883.3M making its interest coverage ratio -32. It has cash and short-term investments of TRY277.7M.
Key information
18.6%
Debt to equity ratio
₺1.47b
Debt
| Interest coverage ratio | -32x |
| Cash | ₺277.71m |
| Equity | ₺7.95b |
| Total liabilities | ₺2.36b |
| Total assets | ₺10.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GOLTS's short term assets (TRY2.3B) exceed its short term liabilities (TRY2.1B).
Long Term Liabilities: GOLTS's short term assets (TRY2.3B) exceed its long term liabilities (TRY285.0M).
Debt to Equity History and Analysis
Debt Level: GOLTS's net debt to equity ratio (15.1%) is considered satisfactory.
Reducing Debt: GOLTS's debt to equity ratio has reduced from 125.5% to 18.6% over the past 5 years.
Debt Coverage: GOLTS's debt is well covered by operating cash flow (27.3%).
Interest Coverage: GOLTS earns more interest than it pays, so coverage of interest payments is not a concern.