GSD Denizcilik Gayrimenkul Insaat Sanayi ve Ticaret Balance Sheet Health
Financial Health criteria checks 5/6
GSD Denizcilik Gayrimenkul Insaat Sanayi ve Ticaret has a total shareholder equity of TRY2.1B and total debt of TRY795.1M, which brings its debt-to-equity ratio to 37.8%. Its total assets and total liabilities are TRY3.0B and TRY852.1M respectively. GSD Denizcilik Gayrimenkul Insaat Sanayi ve Ticaret's EBIT is TRY186.0M making its interest coverage ratio 36.3. It has cash and short-term investments of TRY755.8M.
Key information
37.8%
Debt to equity ratio
₺795.06m
Debt
| Interest coverage ratio | 36.3x |
| Cash | ₺755.82m |
| Equity | ₺2.11b |
| Total liabilities | ₺852.14m |
| Total assets | ₺2.96b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GSDDE's short term assets (TRY782.5M) exceed its short term liabilities (TRY270.3M).
Long Term Liabilities: GSDDE's short term assets (TRY782.5M) exceed its long term liabilities (TRY581.9M).
Debt to Equity History and Analysis
Debt Level: GSDDE's net debt to equity ratio (1.9%) is considered satisfactory.
Reducing Debt: GSDDE's debt to equity ratio has reduced from 93.7% to 37.8% over the past 5 years.
Debt Coverage: GSDDE's debt is not well covered by operating cash flow (17.6%).
Interest Coverage: GSDDE's interest payments on its debt are well covered by EBIT (36.3x coverage).