Tümosan Motor ve Traktör Sanayi Balance Sheet Health
Financial Health criteria checks 4/6
Tümosan Motor ve Traktör Sanayi has a total shareholder equity of TRY2.6B and total debt of TRY1.0B, which brings its debt-to-equity ratio to 40%. Its total assets and total liabilities are TRY5.8B and TRY3.2B respectively. Tümosan Motor ve Traktör Sanayi's EBIT is TRY1.4B making its interest coverage ratio -16.3. It has cash and short-term investments of TRY978.3M.
Key information
40.0%
Debt to equity ratio
₺1.03b
Debt
| Interest coverage ratio | -16.3x |
| Cash | ₺978.33m |
| Equity | ₺2.57b |
| Total liabilities | ₺3.20b |
| Total assets | ₺5.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TMSN's short term assets (TRY4.6B) exceed its short term liabilities (TRY3.0B).
Long Term Liabilities: TMSN's short term assets (TRY4.6B) exceed its long term liabilities (TRY188.7M).
Debt to Equity History and Analysis
Debt Level: TMSN's net debt to equity ratio (1.9%) is considered satisfactory.
Reducing Debt: TMSN's debt to equity ratio has increased from 34% to 40% over the past 5 years.
Debt Coverage: TMSN's debt is not well covered by operating cash flow (9.8%).
Interest Coverage: TMSN earns more interest than it pays, so coverage of interest payments is not a concern.