Fade Gida Yatirim Sanayi Ticaret Anonim Sirketi Balance Sheet Health
Financial Health criteria checks 6/6
Fade Gida Yatirim Sanayi Ticaret Anonim Sirketi has a total shareholder equity of TRY972.0M and total debt of TRY83.0M, which brings its debt-to-equity ratio to 8.5%. Its total assets and total liabilities are TRY1.2B and TRY276.4M respectively. Fade Gida Yatirim Sanayi Ticaret Anonim Sirketi's EBIT is TRY26.5M making its interest coverage ratio -0.1. It has cash and short-term investments of TRY36.8M.
Key information
8.5%
Debt to equity ratio
₺83.00m
Debt
Interest coverage ratio | -0.1x |
Cash | ₺36.84m |
Equity | ₺972.02m |
Total liabilities | ₺276.38m |
Total assets | ₺1.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FADE's short term assets (TRY196.8M) exceed its short term liabilities (TRY123.4M).
Long Term Liabilities: FADE's short term assets (TRY196.8M) exceed its long term liabilities (TRY152.9M).
Debt to Equity History and Analysis
Debt Level: FADE's net debt to equity ratio (4.7%) is considered satisfactory.
Reducing Debt: FADE's debt to equity ratio has reduced from 30.8% to 8.5% over the past 5 years.
Debt Coverage: FADE's debt is well covered by operating cash flow (255.7%).
Interest Coverage: FADE earns more interest than it pays, so coverage of interest payments is not a concern.