Merko Gida Sanayi ve Ticaret Balance Sheet Health
Financial Health criteria checks 4/6
Merko Gida Sanayi ve Ticaret has a total shareholder equity of TRY598.2M and total debt of TRY123.0M, which brings its debt-to-equity ratio to 20.6%. Its total assets and total liabilities are TRY1.3B and TRY670.2M respectively. Merko Gida Sanayi ve Ticaret's EBIT is TRY169.4M making its interest coverage ratio 3.5. It has cash and short-term investments of TRY28.4M.
Key information
20.6%
Debt to equity ratio
₺123.03m
Debt
Interest coverage ratio | 3.5x |
Cash | ₺28.43m |
Equity | ₺598.23m |
Total liabilities | ₺670.21m |
Total assets | ₺1.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MERKO's short term assets (TRY741.9M) exceed its short term liabilities (TRY552.3M).
Long Term Liabilities: MERKO's short term assets (TRY741.9M) exceed its long term liabilities (TRY118.0M).
Debt to Equity History and Analysis
Debt Level: MERKO's net debt to equity ratio (15.8%) is considered satisfactory.
Reducing Debt: MERKO's debt to equity ratio has reduced from 33.4% to 20.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if MERKO has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if MERKO has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.