Sanica Isi Sanayi Balance Sheet Health
Financial Health criteria checks 5/6
Sanica Isi Sanayi has a total shareholder equity of TRY3.0B and total debt of TRY625.1M, which brings its debt-to-equity ratio to 20.8%. Its total assets and total liabilities are TRY4.7B and TRY1.7B respectively. Sanica Isi Sanayi's EBIT is TRY453.5M making its interest coverage ratio 7.4. It has cash and short-term investments of TRY5.4M.
Key information
20.8%
Debt to equity ratio
₺625.13m
Debt
| Interest coverage ratio | 7.4x |
| Cash | ₺5.36m |
| Equity | ₺3.00b |
| Total liabilities | ₺1.72b |
| Total assets | ₺4.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SNICA's short term assets (TRY3.2B) exceed its short term liabilities (TRY1.5B).
Long Term Liabilities: SNICA's short term assets (TRY3.2B) exceed its long term liabilities (TRY200.7M).
Debt to Equity History and Analysis
Debt Level: SNICA's net debt to equity ratio (20.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if SNICA's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SNICA's debt is well covered by operating cash flow (189%).
Interest Coverage: SNICA's interest payments on its debt are well covered by EBIT (7.4x coverage).