Banvit Bandirma Vitaminli Yem Sanayii Anonim Sirketi Balance Sheet Health
Financial Health criteria checks 6/6
Banvit Bandirma Vitaminli Yem Sanayii Anonim Sirketi has a total shareholder equity of TRY9.1B and total debt of TRY1.7B, which brings its debt-to-equity ratio to 18.1%. Its total assets and total liabilities are TRY17.2B and TRY8.1B respectively. Banvit Bandirma Vitaminli Yem Sanayii Anonim Sirketi's EBIT is TRY3.7B making its interest coverage ratio -88.3. It has cash and short-term investments of TRY3.6B.
Key information
18.1%
Debt to equity ratio
₺1.66b
Debt
| Interest coverage ratio | -88.3x |
| Cash | ₺3.55b |
| Equity | ₺9.15b |
| Total liabilities | ₺8.10b |
| Total assets | ₺17.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BANVT's short term assets (TRY11.4B) exceed its short term liabilities (TRY6.8B).
Long Term Liabilities: BANVT's short term assets (TRY11.4B) exceed its long term liabilities (TRY1.3B).
Debt to Equity History and Analysis
Debt Level: BANVT has more cash than its total debt.
Reducing Debt: BANVT's debt to equity ratio has reduced from 31.8% to 18.1% over the past 5 years.
Debt Coverage: BANVT's debt is well covered by operating cash flow (205.8%).
Interest Coverage: BANVT earns more interest than it pays, so coverage of interest payments is not a concern.