Is Armada GIDA financially healthy?
Not really
Armada GIDA carries heavy debt: it would take 3.7 years of earnings to pay it off.
The numbers behind it
Net debt / EBITDA3.7 years
Current ratio1.5×Short-term assets for each TRY 1 of bills due within a year
Interest coverage2.8×How many times operating profit covers the interest bill
How we decide
We measure debt in years of earnings (net debt / EBITDA): under 1 is very comfortable, 1 to 3 is manageable, above 3 is heavy. A company that earns less than 3 times its interest bill also counts as weak.
More questions about Armada GIDA
Data as of Nov 13, 2026.