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 TRY854.3M and total debt of TRY57.7M, which brings its debt-to-equity ratio to 6.8%. Its total assets and total liabilities are TRY1.5B and TRY687.8M respectively. Meka Beton Santralleri Imalat Sanayi ve Ticaret's EBIT is TRY111.0M making its interest coverage ratio -5.5. It has cash and short-term investments of TRY365.5M.
Key information
6.8%
Debt to equity ratio
₺57.69m
Debt
Interest coverage ratio | -5.5x |
Cash | ₺365.50m |
Equity | ₺854.25m |
Total liabilities | ₺687.82m |
Total assets | ₺1.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MEKAG's short term assets (TRY1.2B) exceed its short term liabilities (TRY640.7M).
Long Term Liabilities: MEKAG's short term assets (TRY1.2B) exceed its long term liabilities (TRY47.1M).
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.