Dardanel Onentas Gida Sanayi Balance Sheet Health
Financial Health criteria checks 3/6
Dardanel Onentas Gida Sanayi has a total shareholder equity of TRY2.0B and total debt of TRY1.8B, which brings its debt-to-equity ratio to 87.2%. Its total assets and total liabilities are TRY4.9B and TRY2.9B respectively. Dardanel Onentas Gida Sanayi's EBIT is TRY463.9M making its interest coverage ratio 4.8. It has cash and short-term investments of TRY152.4M.
Key information
87.2%
Debt to equity ratio
₺1.75b
Debt
| Interest coverage ratio | 4.8x |
| Cash | ₺152.37m |
| Equity | ₺2.01b |
| Total liabilities | ₺2.85b |
| Total assets | ₺4.86b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DARDL's short term assets (TRY2.1B) do not cover its short term liabilities (TRY2.6B).
Long Term Liabilities: DARDL's short term assets (TRY2.1B) exceed its long term liabilities (TRY287.6M).
Debt to Equity History and Analysis
Debt Level: DARDL's net debt to equity ratio (79.7%) is considered high.
Reducing Debt: DARDL had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: DARDL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: DARDL's interest payments on its debt are well covered by EBIT (4.8x coverage).