Kervan Gida Sanayi ve Ticaret Balance Sheet Health
Financial Health criteria checks 3/6
Kervan Gida Sanayi ve Ticaret has a total shareholder equity of TRY4.3B and total debt of TRY2.8B, which brings its debt-to-equity ratio to 65.9%. Its total assets and total liabilities are TRY8.8B and TRY4.5B respectively. Kervan Gida Sanayi ve Ticaret's EBIT is TRY991.4M making its interest coverage ratio 0.9. It has cash and short-term investments of TRY335.1M.
Key information
65.9%
Debt to equity ratio
₺2.84b
Debt
Interest coverage ratio | 0.9x |
Cash | ₺335.14m |
Equity | ₺4.31b |
Total liabilities | ₺4.46b |
Total assets | ₺8.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KRVGD's short term assets (TRY4.3B) exceed its short term liabilities (TRY3.5B).
Long Term Liabilities: KRVGD's short term assets (TRY4.3B) exceed its long term liabilities (TRY953.1M).
Debt to Equity History and Analysis
Debt Level: KRVGD's net debt to equity ratio (58.1%) is considered high.
Reducing Debt: KRVGD's debt to equity ratio has reduced from 157.9% to 65.9% over the past 5 years.
Debt Coverage: KRVGD's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: KRVGD's interest payments on its debt are not well covered by EBIT (0.9x coverage).