Konfrut Gida Sanayi ve Ticaret Balance Sheet Health
Financial Health criteria checks 3/6
Konfrut Gida Sanayi ve Ticaret has a total shareholder equity of TRY452.7M and total debt of TRY431.8M, which brings its debt-to-equity ratio to 95.4%. Its total assets and total liabilities are TRY1.6B and TRY1.2B respectively. Konfrut Gida Sanayi ve Ticaret's EBIT is TRY311.2M making its interest coverage ratio 4.2. It has cash and short-term investments of TRY32.5M.
Key information
95.4%
Debt to equity ratio
₺431.80m
Debt
Interest coverage ratio | 4.2x |
Cash | ₺32.54m |
Equity | ₺452.68m |
Total liabilities | ₺1.20b |
Total assets | ₺1.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KNFRT's short term assets (TRY1.4B) exceed its short term liabilities (TRY1.1B).
Long Term Liabilities: KNFRT's short term assets (TRY1.4B) exceed its long term liabilities (TRY117.8M).
Debt to Equity History and Analysis
Debt Level: KNFRT's net debt to equity ratio (88.2%) is considered high.
Reducing Debt: KNFRT's debt to equity ratio has increased from 6.7% to 95.4% over the past 5 years.
Debt Coverage: KNFRT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: KNFRT's interest payments on its debt are well covered by EBIT (4.2x coverage).