Elite Naturel Organik Gida Sanayi ve Ticaret Balance Sheet Health
Financial Health criteria checks 4/6
Elite Naturel Organik Gida Sanayi ve Ticaret has a total shareholder equity of TRY1.3B and total debt of TRY172.0M, which brings its debt-to-equity ratio to 12.8%. Its total assets and total liabilities are TRY1.9B and TRY522.5M respectively. Elite Naturel Organik Gida Sanayi ve Ticaret's EBIT is TRY344.0M making its interest coverage ratio 97. It has cash and short-term investments of TRY19.7M.
Key information
12.8%
Debt to equity ratio
₺172.00m
Debt
| Interest coverage ratio | 97x |
| Cash | ₺19.67m |
| Equity | ₺1.34b |
| Total liabilities | ₺522.48m |
| Total assets | ₺1.86b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ELITE's short term assets (TRY1.2B) exceed its short term liabilities (TRY467.4M).
Long Term Liabilities: ELITE's short term assets (TRY1.2B) exceed its long term liabilities (TRY55.1M).
Debt to Equity History and Analysis
Debt Level: ELITE's net debt to equity ratio (11.4%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if ELITE's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ELITE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ELITE's interest payments on its debt are well covered by EBIT (97x coverage).