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.