Senkron Siber Güvenlik Yazilim ve Bilisim Cözümleri Balance Sheet Health
Financial Health criteria checks 5/6
Senkron Siber Güvenlik Yazilim ve Bilisim Cözümleri has a total shareholder equity of TRY54.3M and total debt of TRY1.1M, which brings its debt-to-equity ratio to 2.1%. Its total assets and total liabilities are TRY99.0M and TRY44.7M respectively. Senkron Siber Güvenlik Yazilim ve Bilisim Cözümleri's EBIT is TRY4.9M making its interest coverage ratio 0.8. It has cash and short-term investments of TRY211.1K.
Key information
2.1%
Debt to equity ratio
₺1.13m
Debt
Interest coverage ratio | 0.8x |
Cash | ₺211.09k |
Equity | ₺54.26m |
Total liabilities | ₺44.74m |
Total assets | ₺99.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SNKRN's short term assets (TRY91.6M) exceed its short term liabilities (TRY37.0M).
Long Term Liabilities: SNKRN's short term assets (TRY91.6M) exceed its long term liabilities (TRY7.7M).
Debt to Equity History and Analysis
Debt Level: SNKRN's net debt to equity ratio (1.7%) is considered satisfactory.
Reducing Debt: SNKRN's debt to equity ratio has reduced from 186.8% to 2.1% over the past 5 years.
Debt Coverage: SNKRN's debt is well covered by operating cash flow (157%).
Interest Coverage: SNKRN's interest payments on its debt are not well covered by EBIT (0.8x coverage).