A.V.O.D Kurutulmus Gida ve Tarim Ürünleri Sanayi Ticaret Anonim Sirketi Balance Sheet Health
Financial Health criteria checks 4/6
A.V.O.D Kurutulmus Gida ve Tarim Ürünleri Sanayi Ticaret Anonim Sirketi has a total shareholder equity of TRY1.1B and total debt of TRY458.3M, which brings its debt-to-equity ratio to 43.4%. Its total assets and total liabilities are TRY1.7B and TRY675.0M respectively. A.V.O.D Kurutulmus Gida ve Tarim Ürünleri Sanayi Ticaret Anonim Sirketi's EBIT is TRY124.0M making its interest coverage ratio 1.5. It has cash and short-term investments of TRY62.7M.
Key information
43.4%
Debt to equity ratio
₺458.32m
Debt
Interest coverage ratio | 1.5x |
Cash | ₺62.67m |
Equity | ₺1.06b |
Total liabilities | ₺675.05m |
Total assets | ₺1.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AVOD's short term assets (TRY967.9M) exceed its short term liabilities (TRY644.9M).
Long Term Liabilities: AVOD's short term assets (TRY967.9M) exceed its long term liabilities (TRY30.2M).
Debt to Equity History and Analysis
Debt Level: AVOD's net debt to equity ratio (37.5%) is considered satisfactory.
Reducing Debt: AVOD's debt to equity ratio has reduced from 84.8% to 43.4% over the past 5 years.
Debt Coverage: AVOD's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AVOD's interest payments on its debt are not well covered by EBIT (1.5x coverage).