Mega Metal Sanayi ve Ticaret Balance Sheet Health
Financial Health criteria checks 3/6
Mega Metal Sanayi ve Ticaret has a total shareholder equity of TRY3.5B and total debt of TRY3.2B, which brings its debt-to-equity ratio to 93.5%. Its total assets and total liabilities are TRY8.7B and TRY5.2B respectively. Mega Metal Sanayi ve Ticaret's EBIT is TRY837.4M making its interest coverage ratio 23.1. It has cash and short-term investments of TRY1.6B.
Key information
93.5%
Debt to equity ratio
₺3.23b
Debt
| Interest coverage ratio | 23.1x |
| Cash | ₺1.60b |
| Equity | ₺3.45b |
| Total liabilities | ₺5.23b |
| Total assets | ₺8.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MEGMT's short term assets (TRY5.5B) exceed its short term liabilities (TRY4.6B).
Long Term Liabilities: MEGMT's short term assets (TRY5.5B) exceed its long term liabilities (TRY654.9M).
Debt to Equity History and Analysis
Debt Level: MEGMT's net debt to equity ratio (47.1%) is considered high.
Reducing Debt: Insufficient data to determine if MEGMT's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: MEGMT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MEGMT's interest payments on its debt are well covered by EBIT (23.1x coverage).