Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri Balance Sheet Health
Financial Health criteria checks 6/6
Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri has a total shareholder equity of TRY2.5B and total debt of TRY531.7M, which brings its debt-to-equity ratio to 21.4%. Its total assets and total liabilities are TRY5.3B and TRY2.8B respectively. Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri's EBIT is TRY1.8B making its interest coverage ratio 85.4. It has cash and short-term investments of TRY390.1M.
Key information
21.4%
Debt to equity ratio
₺531.69m
Debt
Interest coverage ratio | 85.4x |
Cash | ₺390.12m |
Equity | ₺2.48b |
Total liabilities | ₺2.81b |
Total assets | ₺5.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VAKKO's short term assets (TRY3.4B) exceed its short term liabilities (TRY2.2B).
Long Term Liabilities: VAKKO's short term assets (TRY3.4B) exceed its long term liabilities (TRY641.8M).
Debt to Equity History and Analysis
Debt Level: VAKKO's net debt to equity ratio (5.7%) is considered satisfactory.
Reducing Debt: VAKKO's debt to equity ratio has reduced from 78.7% to 21.4% over the past 5 years.
Debt Coverage: VAKKO's debt is well covered by operating cash flow (168.7%).
Interest Coverage: VAKKO's interest payments on its debt are well covered by EBIT (85.4x coverage).