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 TRY1.1B and total debt of TRY401.3M, which brings its debt-to-equity ratio to 36.4%. Its total assets and total liabilities are TRY1.9B and TRY811.6M respectively.
Key information
36.4%
Debt to equity ratio
₺401.30m
Debt
| Interest coverage ratio | n/a |
| Cash | ₺31.10m |
| Equity | ₺1.10b |
| Total liabilities | ₺811.65m |
| Total assets | ₺1.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FORMT's short term assets (TRY823.9M) exceed its short term liabilities (TRY623.8M).
Long Term Liabilities: FORMT's short term assets (TRY823.9M) exceed its long term liabilities (TRY187.8M).
Debt to Equity History and Analysis
Debt Level: FORMT's net debt to equity ratio (33.6%) is considered satisfactory.
Reducing Debt: FORMT's debt to equity ratio has reduced from 55.2% to 36.4% 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 56.9% each year