Rodrigo Tekstil Sanayi ve Ticaret Balance Sheet Health
Financial Health criteria checks 5/6
Rodrigo Tekstil Sanayi ve Ticaret has a total shareholder equity of TRY51.0M and total debt of TRY1.4M, which brings its debt-to-equity ratio to 2.7%. Its total assets and total liabilities are TRY109.6M and TRY58.6M respectively. Rodrigo Tekstil Sanayi ve Ticaret's EBIT is TRY4.0M making its interest coverage ratio 2. It has cash and short-term investments of TRY4.9M.
Key information
2.7%
Debt to equity ratio
₺1.37m
Debt
Interest coverage ratio | 2x |
Cash | ₺4.94m |
Equity | ₺50.98m |
Total liabilities | ₺58.64m |
Total assets | ₺109.61m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RODRG's short term assets (TRY56.3M) exceed its short term liabilities (TRY36.9M).
Long Term Liabilities: RODRG's short term assets (TRY56.3M) exceed its long term liabilities (TRY21.8M).
Debt to Equity History and Analysis
Debt Level: RODRG has more cash than its total debt.
Reducing Debt: RODRG's debt to equity ratio has reduced from 85.6% to 2.7% over the past 5 years.
Debt Coverage: RODRG's debt is well covered by operating cash flow (674.1%).
Interest Coverage: RODRG's interest payments on its debt are not well covered by EBIT (2x coverage).