Verusa Holding Balance Sheet Health
Financial Health criteria checks 5/6
Verusa Holding has a total shareholder equity of TRY2.6B and total debt of TRY125.5M, which brings its debt-to-equity ratio to 4.8%. Its total assets and total liabilities are TRY2.9B and TRY344.4M respectively. Verusa Holding's EBIT is TRY8.2M making its interest coverage ratio -0.1. It has cash and short-term investments of TRY1.5B.
Key information
4.8%
Debt to equity ratio
₺125.49m
Debt
Interest coverage ratio | -0.06x |
Cash | ₺1.54b |
Equity | ₺2.60b |
Total liabilities | ₺344.43m |
Total assets | ₺2.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VERUS's short term assets (TRY1.8B) exceed its short term liabilities (TRY154.3M).
Long Term Liabilities: VERUS's short term assets (TRY1.8B) exceed its long term liabilities (TRY190.2M).
Debt to Equity History and Analysis
Debt Level: VERUS has more cash than its total debt.
Reducing Debt: VERUS's debt to equity ratio has reduced from 10.8% to 4.8% over the past 5 years.
Debt Coverage: VERUS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: VERUS earns more interest than it pays, so coverage of interest payments is not a concern.