Mavi Giyim Sanayi ve Ticaret Balance Sheet Health
Financial Health criteria checks 6/6
Mavi Giyim Sanayi ve Ticaret has a total shareholder equity of TRY6.7B and total debt of TRY1.3B, which brings its debt-to-equity ratio to 18.8%. Its total assets and total liabilities are TRY13.9B and TRY7.2B respectively. Mavi Giyim Sanayi ve Ticaret's EBIT is TRY3.4B making its interest coverage ratio 10.8. It has cash and short-term investments of TRY4.9B.
Key information
18.8%
Debt to equity ratio
₺1.26b
Debt
Interest coverage ratio | 10.8x |
Cash | ₺4.92b |
Equity | ₺6.67b |
Total liabilities | ₺7.23b |
Total assets | ₺13.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MAVI's short term assets (TRY10.1B) exceed its short term liabilities (TRY6.1B).
Long Term Liabilities: MAVI's short term assets (TRY10.1B) exceed its long term liabilities (TRY1.1B).
Debt to Equity History and Analysis
Debt Level: MAVI has more cash than its total debt.
Reducing Debt: MAVI's debt to equity ratio has reduced from 111.5% to 18.8% over the past 5 years.
Debt Coverage: MAVI's debt is well covered by operating cash flow (342.8%).
Interest Coverage: MAVI's interest payments on its debt are well covered by EBIT (10.8x coverage).