Tümosan Motor ve Traktör Sanayi Balance Sheet Health
Financial Health criteria checks 5/6
Tümosan Motor ve Traktör Sanayi has a total shareholder equity of TRY6.3B and total debt of TRY2.5B, which brings its debt-to-equity ratio to 39.3%. Its total assets and total liabilities are TRY11.0B and TRY4.6B respectively. Tümosan Motor ve Traktör Sanayi's EBIT is TRY949.7M making its interest coverage ratio 8. It has cash and short-term investments of TRY1.0B.
Key information
39.3%
Debt to equity ratio
₺2.48b
Debt
| Interest coverage ratio | 8x |
| Cash | ₺1.04b |
| Equity | ₺6.31b |
| Total liabilities | ₺4.65b |
| Total assets | ₺10.96b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TMSN's short term assets (TRY6.6B) exceed its short term liabilities (TRY3.7B).
Long Term Liabilities: TMSN's short term assets (TRY6.6B) exceed its long term liabilities (TRY928.5M).
Debt to Equity History and Analysis
Debt Level: TMSN's net debt to equity ratio (22.8%) is considered satisfactory.
Reducing Debt: TMSN's debt to equity ratio has reduced from 54.8% to 39.3% over the past 5 years.
Debt Coverage: TMSN's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TMSN's interest payments on its debt are well covered by EBIT (8x coverage).