Penguen Gida Sanayi Balance Sheet Health
Financial Health criteria checks 5/6
Penguen Gida Sanayi has a total shareholder equity of TRY1.4B and total debt of TRY527.7M, which brings its debt-to-equity ratio to 36.7%. Its total assets and total liabilities are TRY2.6B and TRY1.1B respectively. Penguen Gida Sanayi's EBIT is TRY98.5M making its interest coverage ratio -3.2. It has cash and short-term investments of TRY38.6M.
Key information
36.7%
Debt to equity ratio
₺527.69m
Debt
Interest coverage ratio | -3.2x |
Cash | ₺38.56m |
Equity | ₺1.44b |
Total liabilities | ₺1.14b |
Total assets | ₺2.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PENGD's short term assets (TRY1.1B) exceed its short term liabilities (TRY975.0M).
Long Term Liabilities: PENGD's short term assets (TRY1.1B) exceed its long term liabilities (TRY169.3M).
Debt to Equity History and Analysis
Debt Level: PENGD's net debt to equity ratio (34.1%) is considered satisfactory.
Reducing Debt: PENGD's debt to equity ratio has reduced from 346.4% to 36.7% over the past 5 years.
Debt Coverage: PENGD's debt is not well covered by operating cash flow (5.4%).
Interest Coverage: PENGD earns more interest than it pays, so coverage of interest payments is not a concern.