Galata Wind Enerji A.S.

IBSE:GWIND Stock Report

Market Cap: ₺16.2b

Galata Wind Enerji Balance Sheet Health

Financial Health criteria checks 4/6

Galata Wind Enerji has a total shareholder equity of TRY7.0B and total debt of TRY738.5M, which brings its debt-to-equity ratio to 10.5%. Its total assets and total liabilities are TRY9.2B and TRY2.1B respectively. Galata Wind Enerji's EBIT is TRY1.0B making its interest coverage ratio -11.2. It has cash and short-term investments of TRY154.3M.

Key information

10.5%

Debt to equity ratio

₺738.53m

Debt

Interest coverage ratio-11.2x
Cash₺154.29m
Equity₺7.03b
Total liabilities₺2.13b
Total assets₺9.16b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: GWIND's short term assets (TRY326.4M) do not cover its short term liabilities (TRY390.6M).

Long Term Liabilities: GWIND's short term assets (TRY326.4M) do not cover its long term liabilities (TRY1.7B).


Debt to Equity History and Analysis

Debt Level: GWIND's net debt to equity ratio (8.3%) is considered satisfactory.

Reducing Debt: GWIND's debt to equity ratio has reduced from 55% to 10.5% over the past 5 years.

Debt Coverage: GWIND's debt is well covered by operating cash flow (268%).

Interest Coverage: GWIND earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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