GSD Denizcilik Gayrimenkul Insaat Sanayi ve Ticaret Balance Sheet Health
Financial Health criteria checks 6/6
GSD Denizcilik Gayrimenkul Insaat Sanayi ve Ticaret has a total shareholder equity of TRY1.5B and total debt of TRY449.0M, which brings its debt-to-equity ratio to 29.6%. Its total assets and total liabilities are TRY2.0B and TRY472.9M respectively. GSD Denizcilik Gayrimenkul Insaat Sanayi ve Ticaret's EBIT is TRY26.0M making its interest coverage ratio -4.5. It has cash and short-term investments of TRY423.4M.
Key information
29.6%
Debt to equity ratio
₺449.02m
Debt
| Interest coverage ratio | -4.5x |
| Cash | ₺423.35m |
| Equity | ₺1.52b |
| Total liabilities | ₺472.92m |
| Total assets | ₺1.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GSDDE's short term assets (TRY445.6M) exceed its short term liabilities (TRY168.1M).
Long Term Liabilities: GSDDE's short term assets (TRY445.6M) exceed its long term liabilities (TRY304.8M).
Debt to Equity History and Analysis
Debt Level: GSDDE's net debt to equity ratio (1.7%) is considered satisfactory.
Reducing Debt: GSDDE's debt to equity ratio has reduced from 215.1% to 29.6% over the past 5 years.
Debt Coverage: GSDDE's debt is well covered by operating cash flow (113.3%).
Interest Coverage: GSDDE earns more interest than it pays, so coverage of interest payments is not a concern.