Kent Gida Maddeleri Sanayii ve Ticaret Balance Sheet Health
Financial Health criteria checks 6/6
Kent Gida Maddeleri Sanayii ve Ticaret has a total shareholder equity of TRY1.9B and total debt of TRY411.5M, which brings its debt-to-equity ratio to 22.1%. Its total assets and total liabilities are TRY5.1B and TRY3.2B respectively. Kent Gida Maddeleri Sanayii ve Ticaret's EBIT is TRY1.3B making its interest coverage ratio 53.2. It has cash and short-term investments of TRY229.0M.
Key information
22.1%
Debt to equity ratio
₺411.55m
Debt
Interest coverage ratio | 53.2x |
Cash | ₺228.99m |
Equity | ₺1.86b |
Total liabilities | ₺3.24b |
Total assets | ₺5.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KENT's short term assets (TRY4.1B) exceed its short term liabilities (TRY3.0B).
Long Term Liabilities: KENT's short term assets (TRY4.1B) exceed its long term liabilities (TRY240.4M).
Debt to Equity History and Analysis
Debt Level: KENT's net debt to equity ratio (9.8%) is considered satisfactory.
Reducing Debt: KENT's debt to equity ratio has reduced from 22.7% to 22.1% over the past 5 years.
Debt Coverage: KENT's debt is well covered by operating cash flow (26%).
Interest Coverage: KENT's interest payments on its debt are well covered by EBIT (53.2x coverage).