Oba Makarnacilik Sanayi ve Ticaret Balance Sheet Health
Financial Health criteria checks 4/6
Oba Makarnacilik Sanayi ve Ticaret has a total shareholder equity of TRY4.4B and total debt of TRY751.4M, which brings its debt-to-equity ratio to 17.2%. Its total assets and total liabilities are TRY8.0B and TRY3.7B respectively. Oba Makarnacilik Sanayi ve Ticaret's EBIT is TRY966.8M making its interest coverage ratio 1. It has cash and short-term investments of TRY239.0M.
Key information
17.2%
Debt to equity ratio
₺751.42m
Debt
| Interest coverage ratio | 1x |
| Cash | ₺238.97m |
| Equity | ₺4.37b |
| Total liabilities | ₺3.67b |
| Total assets | ₺8.04b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: OBAMS's short term assets (TRY4.9B) exceed its short term liabilities (TRY3.4B).
Long Term Liabilities: OBAMS's short term assets (TRY4.9B) exceed its long term liabilities (TRY269.7M).
Debt to Equity History and Analysis
Debt Level: OBAMS's net debt to equity ratio (11.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if OBAMS's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: OBAMS's debt is well covered by operating cash flow (329.6%).
Interest Coverage: OBAMS's interest payments on its debt are not well covered by EBIT (1x coverage).