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 TRY5.7B and total debt of TRY1.1B, which brings its debt-to-equity ratio to 19.1%. Its total assets and total liabilities are TRY12.9B and TRY7.2B respectively. Banvit Bandirma Vitaminli Yem Sanayii Anonim Sirketi's EBIT is TRY2.2B making its interest coverage ratio 4.8. It has cash and short-term investments of TRY1.7B.
Key information
19.1%
Debt to equity ratio
₺1.09b
Debt
Interest coverage ratio | 4.8x |
Cash | ₺1.69b |
Equity | ₺5.70b |
Total liabilities | ₺7.20b |
Total assets | ₺12.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BANVT's short term assets (TRY7.7B) exceed its short term liabilities (TRY6.2B).
Long Term Liabilities: BANVT's short term assets (TRY7.7B) exceed its long term liabilities (TRY1.0B).
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 42.9% to 19.1% over the past 5 years.
Debt Coverage: BANVT's debt is well covered by operating cash flow (446.8%).
Interest Coverage: BANVT's interest payments on its debt are well covered by EBIT (4.8x coverage).