Kerevitas Gida Sanayi ve Ticaret Balance Sheet Health
Financial Health criteria checks 4/6
Kerevitas Gida Sanayi ve Ticaret has a total shareholder equity of TRY10.4B and total debt of TRY5.1B, which brings its debt-to-equity ratio to 48.4%. Its total assets and total liabilities are TRY23.9B and TRY13.5B respectively. Kerevitas Gida Sanayi ve Ticaret's EBIT is TRY1.3B making its interest coverage ratio -1.2. It has cash and short-term investments of TRY145.0M.
Key information
48.4%
Debt to equity ratio
₺5.05b
Debt
| Interest coverage ratio | -1.2x |
| Cash | ₺145.01m |
| Equity | ₺10.43b |
| Total liabilities | ₺13.48b |
| Total assets | ₺23.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KERVT's short term assets (TRY14.5B) exceed its short term liabilities (TRY11.5B).
Long Term Liabilities: KERVT's short term assets (TRY14.5B) exceed its long term liabilities (TRY2.0B).
Debt to Equity History and Analysis
Debt Level: KERVT's net debt to equity ratio (47%) is considered high.
Reducing Debt: KERVT's debt to equity ratio has reduced from 214.5% to 48.4% over the past 5 years.
Debt Coverage: KERVT's debt is not well covered by operating cash flow (3.4%).
Interest Coverage: KERVT earns more interest than it pays, so coverage of interest payments is not a concern.