Tab Gida Sanayi ve Ticaret Balance Sheet Health
Financial Health criteria checks 5/6
Tab Gida Sanayi ve Ticaret has a total shareholder equity of TRY12.9B and total debt of TRY46.6M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are TRY20.7B and TRY7.8B respectively. Tab Gida Sanayi ve Ticaret's EBIT is TRY1.6B making its interest coverage ratio -1.2. It has cash and short-term investments of TRY5.0B.
Key information
0.4%
Debt to equity ratio
₺46.59m
Debt
| Interest coverage ratio | -1.2x |
| Cash | ₺4.99b |
| Equity | ₺12.92b |
| Total liabilities | ₺7.76b |
| Total assets | ₺20.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TABGD's short term assets (TRY7.8B) exceed its short term liabilities (TRY4.5B).
Long Term Liabilities: TABGD's short term assets (TRY7.8B) exceed its long term liabilities (TRY3.2B).
Debt to Equity History and Analysis
Debt Level: TABGD has more cash than its total debt.
Reducing Debt: Insufficient data to determine if TABGD's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: TABGD's debt is well covered by operating cash flow (5559.2%).
Interest Coverage: TABGD earns more interest than it pays, so coverage of interest payments is not a concern.