Galata Wind Enerji Balance Sheet Health
Financial Health criteria checks 5/6
Galata Wind Enerji has a total shareholder equity of TRY8.3B and total debt of TRY724.1M, which brings its debt-to-equity ratio to 8.7%. Its total assets and total liabilities are TRY10.5B and TRY2.2B respectively. Galata Wind Enerji's EBIT is TRY922.9M making its interest coverage ratio -19.7. It has cash and short-term investments of TRY359.8M.
Key information
8.7%
Debt to equity ratio
₺724.08m
Debt
Interest coverage ratio | -19.7x |
Cash | ₺359.79m |
Equity | ₺8.30b |
Total liabilities | ₺2.21b |
Total assets | ₺10.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GWIND's short term assets (TRY516.5M) exceed its short term liabilities (TRY246.4M).
Long Term Liabilities: GWIND's short term assets (TRY516.5M) do not cover its long term liabilities (TRY2.0B).
Debt to Equity History and Analysis
Debt Level: GWIND's net debt to equity ratio (4.4%) is considered satisfactory.
Reducing Debt: GWIND's debt to equity ratio has reduced from 54.1% to 8.7% over the past 5 years.
Debt Coverage: GWIND's debt is well covered by operating cash flow (197.3%).
Interest Coverage: GWIND earns more interest than it pays, so coverage of interest payments is not a concern.