Mazhar Zorlu Holding Balance Sheet Health
Financial Health criteria checks 6/6
Mazhar Zorlu Holding has a total shareholder equity of TRY1.0B and total debt of TRY12.5M, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are TRY1.6B and TRY522.7M respectively. Mazhar Zorlu Holding's EBIT is TRY76.5M making its interest coverage ratio -3.1. It has cash and short-term investments of TRY14.6M.
Key information
1.2%
Debt to equity ratio
₺12.52m
Debt
| Interest coverage ratio | -3.1x |
| Cash | ₺14.56m |
| Equity | ₺1.05b |
| Total liabilities | ₺522.70m |
| Total assets | ₺1.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MZHLD's short term assets (TRY536.6M) exceed its short term liabilities (TRY342.7M).
Long Term Liabilities: MZHLD's short term assets (TRY536.6M) exceed its long term liabilities (TRY180.0M).
Debt to Equity History and Analysis
Debt Level: MZHLD has more cash than its total debt.
Reducing Debt: MZHLD's debt to equity ratio has reduced from 217.7% to 1.2% over the past 5 years.
Debt Coverage: MZHLD's debt is well covered by operating cash flow (40.3%).
Interest Coverage: MZHLD earns more interest than it pays, so coverage of interest payments is not a concern.