Makina Takim Endüstrisi Balance Sheet Health
Financial Health criteria checks 6/6
Makina Takim Endüstrisi has a total shareholder equity of TRY1.0B and total debt of TRY0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are TRY1.7B and TRY667.7M respectively. Makina Takim Endüstrisi's EBIT is TRY110.3M making its interest coverage ratio -1.4. It has cash and short-term investments of TRY28.0K.
Key information
0%
Debt to equity ratio
₺0
Debt
| Interest coverage ratio | -1.4x |
| Cash | ₺27.99k |
| Equity | ₺1.02b |
| Total liabilities | ₺667.74m |
| Total assets | ₺1.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MAKTK's short term assets (TRY1.1B) exceed its short term liabilities (TRY518.2M).
Long Term Liabilities: MAKTK's short term assets (TRY1.1B) exceed its long term liabilities (TRY149.6M).
Debt to Equity History and Analysis
Debt Level: MAKTK is debt free.
Reducing Debt: MAKTK has no debt compared to 5 years ago when its debt to equity ratio was 5.3%.
Debt Coverage: MAKTK has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MAKTK has no debt, therefore coverage of interest payments is not a concern.