Menderes Tekstil Sanayi ve Ticaret Anonim Sirketi Balance Sheet Health
Financial Health criteria checks 5/6
Menderes Tekstil Sanayi ve Ticaret Anonim Sirketi has a total shareholder equity of TRY10.7B and total debt of TRY3.6B, which brings its debt-to-equity ratio to 33.4%. Its total assets and total liabilities are TRY16.4B and TRY5.8B respectively.
Key information
33.4%
Debt to equity ratio
₺3.57b
Debt
Interest coverage ratio
n/a
Cash
₺733.30m
Equity
₺10.68b
Total liabilities
₺5.76b
Total assets
₺16.44b
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MNDRS's short term assets (TRY5.0B) exceed its short term liabilities (TRY3.3B).
Long Term Liabilities: MNDRS's short term assets (TRY5.0B) exceed its long term liabilities (TRY2.5B).
Debt to Equity History and Analysis
Debt Level: MNDRS's net debt to equity ratio (26.6%) is considered satisfactory.
Reducing Debt: MNDRS's debt to equity ratio has reduced from 374.6% to 33.4% over the past 5 years.
Debt Coverage: MNDRS's debt is well covered by operating cash flow (90.8%).
Interest Coverage: Insufficient data to determine if MNDRS's interest payments on its debt are well covered by EBIT.