Meka Beton Santralleri Imalat Sanayi ve Ticaret Balance Sheet Health
Financial Health criteria checks 4/6
Meka Beton Santralleri Imalat Sanayi ve Ticaret has a total shareholder equity of TRY1.0B and total debt of TRY96.3M, which brings its debt-to-equity ratio to 9.6%. Its total assets and total liabilities are TRY1.8B and TRY762.5M respectively. Meka Beton Santralleri Imalat Sanayi ve Ticaret's EBIT is TRY251.4M making its interest coverage ratio -14.1. It has cash and short-term investments of TRY343.0M.
Key information
9.6%
Debt to equity ratio
₺96.30m
Debt
| Interest coverage ratio | -14.1x |
| Cash | ₺343.04m |
| Equity | ₺1.01b |
| Total liabilities | ₺762.48m |
| Total assets | ₺1.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MEKAG's short term assets (TRY1.3B) exceed its short term liabilities (TRY705.4M).
Long Term Liabilities: MEKAG's short term assets (TRY1.3B) exceed its long term liabilities (TRY57.1M).
Debt to Equity History and Analysis
Debt Level: MEKAG has more cash than its total debt.
Reducing Debt: Insufficient data to determine if MEKAG's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: MEKAG's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MEKAG earns more interest than it pays, so coverage of interest payments is not a concern.