Merko Gida Sanayi ve Ticaret Balance Sheet Health
Financial Health criteria checks 6/6
Merko Gida Sanayi ve Ticaret has a total shareholder equity of TRY1.9B and total debt of TRY182.2M, which brings its debt-to-equity ratio to 9.7%. Its total assets and total liabilities are TRY2.6B and TRY699.5M respectively. Merko Gida Sanayi ve Ticaret's EBIT is TRY323.6M making its interest coverage ratio 23.5. It has cash and short-term investments of TRY337.4M.
Key information
9.7%
Debt to equity ratio
₺182.23m
Debt
| Interest coverage ratio | 23.5x |
| Cash | ₺337.40m |
| Equity | ₺1.88b |
| Total liabilities | ₺699.50m |
| Total assets | ₺2.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MERKO's short term assets (TRY1.0B) exceed its short term liabilities (TRY398.3M).
Long Term Liabilities: MERKO's short term assets (TRY1.0B) exceed its long term liabilities (TRY301.2M).
Debt to Equity History and Analysis
Debt Level: MERKO has more cash than its total debt.
Reducing Debt: MERKO's debt to equity ratio has reduced from 49.4% to 9.7% over the past 5 years.
Debt Coverage: MERKO's debt is well covered by operating cash flow (111.8%).
Interest Coverage: MERKO's interest payments on its debt are well covered by EBIT (23.5x coverage).