Sun Tekstil Sanayi ve Ticaret Balance Sheet Health
Financial Health criteria checks 5/6
Sun Tekstil Sanayi ve Ticaret has a total shareholder equity of TRY4.2B and total debt of TRY1.1B, which brings its debt-to-equity ratio to 24.9%. Its total assets and total liabilities are TRY7.1B and TRY2.9B respectively. Sun Tekstil Sanayi ve Ticaret's EBIT is TRY967.5M making its interest coverage ratio 18.2. It has cash and short-term investments of TRY568.6M.
Key information
24.9%
Debt to equity ratio
₺1.05b
Debt
| Interest coverage ratio | 18.2x |
| Cash | ₺568.63m |
| Equity | ₺4.22b |
| Total liabilities | ₺2.86b |
| Total assets | ₺7.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SUNTK's short term assets (TRY3.6B) exceed its short term liabilities (TRY2.3B).
Long Term Liabilities: SUNTK's short term assets (TRY3.6B) exceed its long term liabilities (TRY514.9M).
Debt to Equity History and Analysis
Debt Level: SUNTK's net debt to equity ratio (11.4%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if SUNTK's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SUNTK's debt is well covered by operating cash flow (52.3%).
Interest Coverage: SUNTK's interest payments on its debt are well covered by EBIT (18.2x coverage).