Sönmez Pamuklu Sanayii Balance Sheet Health
Financial Health criteria checks 4/6
Sönmez Pamuklu Sanayii has a total shareholder equity of TRY568.1M and total debt of TRY35.2M, which brings its debt-to-equity ratio to 6.2%. Its total assets and total liabilities are TRY664.6M and TRY96.5M respectively. Sönmez Pamuklu Sanayii's EBIT is TRY47.8M making its interest coverage ratio -54.2. It has cash and short-term investments of TRY5.9M.
Key information
6.2%
Debt to equity ratio
₺35.24m
Debt
Interest coverage ratio | -54.2x |
Cash | ₺5.90m |
Equity | ₺568.11m |
Total liabilities | ₺96.49m |
Total assets | ₺664.60m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SNPAM's short term assets (TRY175.0M) exceed its short term liabilities (TRY60.6M).
Long Term Liabilities: SNPAM's short term assets (TRY175.0M) exceed its long term liabilities (TRY35.9M).
Debt to Equity History and Analysis
Debt Level: SNPAM's net debt to equity ratio (5.2%) is considered satisfactory.
Reducing Debt: SNPAM's debt to equity ratio has increased from 0% to 6.2% over the past 5 years.
Debt Coverage: SNPAM's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SNPAM earns more interest than it pays, so coverage of interest payments is not a concern.