Formet Metal ve Cam Sanayi Balance Sheet Health
Financial Health criteria checks 4/6
Formet Metal ve Cam Sanayi has a total shareholder equity of TRY923.2M and total debt of TRY187.2M, which brings its debt-to-equity ratio to 20.3%. Its total assets and total liabilities are TRY1.3B and TRY401.3M respectively.
Key information
20.3%
Debt to equity ratio
₺187.25m
Debt
Interest coverage ratio | n/a |
Cash | ₺96.53m |
Equity | ₺923.16m |
Total liabilities | ₺401.31m |
Total assets | ₺1.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FORMT's short term assets (TRY636.7M) exceed its short term liabilities (TRY300.7M).
Long Term Liabilities: FORMT's short term assets (TRY636.7M) exceed its long term liabilities (TRY100.6M).
Debt to Equity History and Analysis
Debt Level: FORMT's net debt to equity ratio (9.8%) is considered satisfactory.
Reducing Debt: FORMT's debt to equity ratio has reduced from 70.8% to 20.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: FORMT has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: FORMT has less than a year of cash runway if free cash flow continues to reduce at historical rates of 43.9% each year