Imas Makina Sanayi Balance Sheet Health
Financial Health criteria checks 5/6
Imas Makina Sanayi has a total shareholder equity of TRY1.2B and total debt of TRY40.8M, which brings its debt-to-equity ratio to 3.5%. Its total assets and total liabilities are TRY2.0B and TRY822.3M respectively. Imas Makina Sanayi's EBIT is TRY41.8M making its interest coverage ratio -1.1. It has cash and short-term investments of TRY71.4M.
Key information
3.5%
Debt to equity ratio
₺40.83m
Debt
Interest coverage ratio | -1.1x |
Cash | ₺71.43m |
Equity | ₺1.16b |
Total liabilities | ₺822.29m |
Total assets | ₺1.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IMASM's short term assets (TRY974.3M) exceed its short term liabilities (TRY683.9M).
Long Term Liabilities: IMASM's short term assets (TRY974.3M) exceed its long term liabilities (TRY138.4M).
Debt to Equity History and Analysis
Debt Level: IMASM has more cash than its total debt.
Reducing Debt: Insufficient data to determine if IMASM's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: IMASM's debt is well covered by operating cash flow (420.3%).
Interest Coverage: IMASM earns more interest than it pays, so coverage of interest payments is not a concern.