Migros Ticaret Balance Sheet Health
Financial Health criteria checks 4/6
Migros Ticaret has a total shareholder equity of TRY36.3B and total debt of TRY2.0B, which brings its debt-to-equity ratio to 5.6%. Its total assets and total liabilities are TRY92.1B and TRY55.9B respectively.
Key information
5.6%
Debt to equity ratio
₺2.02b
Debt
Interest coverage ratio | n/a |
Cash | ₺12.82b |
Equity | ₺36.25b |
Total liabilities | ₺55.88b |
Total assets | ₺92.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MGROS's short term assets (TRY37.9B) do not cover its short term liabilities (TRY44.9B).
Long Term Liabilities: MGROS's short term assets (TRY37.9B) exceed its long term liabilities (TRY11.0B).
Debt to Equity History and Analysis
Debt Level: MGROS has more cash than its total debt.
Reducing Debt: MGROS's debt to equity ratio has reduced from 719.6% to 5.6% over the past 5 years.
Debt Coverage: MGROS's debt is well covered by operating cash flow (692.3%).
Interest Coverage: Insufficient data to determine if MGROS's interest payments on its debt are well covered by EBIT.