Ofis Yem Gida Sanayi ve Ticaret Balance Sheet Health
Financial Health criteria checks 3/6
Ofis Yem Gida Sanayi ve Ticaret has a total shareholder equity of TRY2.3B and total debt of TRY1.4B, which brings its debt-to-equity ratio to 60%. Its total assets and total liabilities are TRY4.8B and TRY2.5B respectively. Ofis Yem Gida Sanayi ve Ticaret's EBIT is TRY960.3M making its interest coverage ratio 2.6. It has cash and short-term investments of TRY92.9M.
Key information
60.0%
Debt to equity ratio
₺1.39b
Debt
| Interest coverage ratio | 2.6x |
| Cash | ₺92.95m |
| Equity | ₺2.31b |
| Total liabilities | ₺2.49b |
| Total assets | ₺4.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OFSYM's short term assets (TRY3.5B) exceed its short term liabilities (TRY2.2B).
Long Term Liabilities: OFSYM's short term assets (TRY3.5B) exceed its long term liabilities (TRY263.4M).
Debt to Equity History and Analysis
Debt Level: OFSYM's net debt to equity ratio (56%) is considered high.
Reducing Debt: Insufficient data to determine if OFSYM's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: OFSYM's debt is well covered by operating cash flow (81.7%).
Interest Coverage: OFSYM's interest payments on its debt are not well covered by EBIT (2.6x coverage).