Birlik Mensucat Ticaret ve Sanayi Isletmesi Balance Sheet Health
Financial Health criteria checks 4/6
Birlik Mensucat Ticaret ve Sanayi Isletmesi has a total shareholder equity of TRY18.8M and total debt of TRY11.4M, which brings its debt-to-equity ratio to 60.5%. Its total assets and total liabilities are TRY39.9M and TRY21.1M respectively.
Key information
60.5%
Debt to equity ratio
₺11.38m
Debt
| Interest coverage ratio | n/a |
| Cash | ₺15.61m |
| Equity | ₺18.82m |
| Total liabilities | ₺21.07m |
| Total assets | ₺39.90m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BRMEN's short term assets (TRY33.3M) exceed its short term liabilities (TRY17.7M).
Long Term Liabilities: BRMEN's short term assets (TRY33.3M) exceed its long term liabilities (TRY3.4M).
Debt to Equity History and Analysis
Debt Level: BRMEN has more cash than its total debt.
Reducing Debt: BRMEN's debt to equity ratio has reduced from 169.3% to 60.5% over the past 5 years.
Debt Coverage: BRMEN's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if BRMEN's interest payments on its debt are well covered by EBIT.