Kerevitas Gida Sanayi ve Ticaret Balance Sheet Health
Financial Health criteria checks 5/6
Kerevitas Gida Sanayi ve Ticaret has a total shareholder equity of TRY3.8B and total debt of TRY2.2B, which brings its debt-to-equity ratio to 58.2%. Its total assets and total liabilities are TRY10.9B and TRY7.1B respectively. Kerevitas Gida Sanayi ve Ticaret's EBIT is TRY1.5B making its interest coverage ratio -4.7. It has cash and short-term investments of TRY167.7M.
Key information
58.2%
Debt to equity ratio
₺2.23b
Debt
Interest coverage ratio | -4.7x |
Cash | ₺167.68m |
Equity | ₺3.84b |
Total liabilities | ₺7.10b |
Total assets | ₺10.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KERVT's short term assets (TRY7.4B) exceed its short term liabilities (TRY5.8B).
Long Term Liabilities: KERVT's short term assets (TRY7.4B) exceed its long term liabilities (TRY1.3B).
Debt to Equity History and Analysis
Debt Level: KERVT's net debt to equity ratio (53.8%) is considered high.
Reducing Debt: KERVT's debt to equity ratio has reduced from 252.3% to 58.2% over the past 5 years.
Debt Coverage: KERVT's debt is well covered by operating cash flow (35.4%).
Interest Coverage: KERVT earns more interest than it pays, so coverage of interest payments is not a concern.