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Gur-Sel Turizm Tasimacilik ve Servis Ticaret AS (IST:GRSEL) Financial Strength : 7 (As of Mar. 2024)


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What is Gur-Sel Turizm Tasimacilik ve Servis Ticaret AS Financial Strength?

Gur-Sel Turizm Tasimacilik ve Servis Ticaret AS has the Financial Strength Rank of 7.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.

Gur-Sel Turizm Tasimacilik ve Servis Ticaret AS's Interest Coverage for the quarter that ended in Mar. 2024 was 5.71. Gur-Sel Turizm Tasimacilik ve Servis Ticaret AS's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.11. As of today, Gur-Sel Turizm Tasimacilik ve Servis Ticaret AS's Altman Z-Score is 6.61.


Competitive Comparison of Gur-Sel Turizm Tasimacilik ve Servis Ticaret AS's Financial Strength

For the Railroads subindustry, Gur-Sel Turizm Tasimacilik ve Servis Ticaret AS's Financial Strength, along with its competitors' market caps and Financial Strength data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Gur-Sel Turizm Tasimacilik ve Servis Ticaret AS's Financial Strength Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Gur-Sel Turizm Tasimacilik ve Servis Ticaret AS's Financial Strength distribution charts can be found below:

* The bar in red indicates where Gur-Sel Turizm Tasimacilik ve Servis Ticaret AS's Financial Strength falls into.



Gur-Sel Turizm Tasimacilik ve Servis Ticaret AS Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

Gur-Sel Turizm Tasimacilik ve Servis Ticaret AS's Interest Expense for the months ended in Mar. 2024 was ₺-97 Mil. Its Operating Income for the months ended in Mar. 2024 was ₺555 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₺95 Mil.

Gur-Sel Turizm Tasimacilik ve Servis Ticaret AS's Interest Coverage for the quarter that ended in Mar. 2024 is

Interest Coverage=-1*Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*554.77/-97.119
=5.71

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

Gur-Sel Turizm Tasimacilik ve Servis Ticaret AS's Debt to Revenue Ratio for the quarter that ended in Mar. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(646.921 + 95.165) / 6714.06
=0.11

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Gur-Sel Turizm Tasimacilik ve Servis Ticaret AS has a Z-score of 6.61, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 6.61 is strong.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Gur-Sel Turizm Tasimacilik ve Servis Ticaret AS  (IST:GRSEL) Financial Strength Explanation

The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.

Gur-Sel Turizm Tasimacilik ve Servis Ticaret AS has the Financial Strength Rank of 7.


Gur-Sel Turizm Tasimacilik ve Servis Ticaret AS Financial Strength Related Terms

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Gur-Sel Turizm Tasimacilik ve Servis Ticaret AS (IST:GRSEL) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Orta Mah. Bektas Sk. No:1, Kartal, Instanbul, TUR, 34880
Gur-Sel Turizm Tasimacilik ve Servis Ticaret AS provides transportation solutions mainly for personnel and student transportation. Its offerings include Personnel Transportation, Student Transportation, Private Vip Transportation, Urban Transportation, and Intercity Transportation.

Gur-Sel Turizm Tasimacilik ve Servis Ticaret AS (IST:GRSEL) Headlines

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