Penguen Gida Sanayi Balance Sheet Health
Financial Health criteria checks 6/6
Penguen Gida Sanayi has a total shareholder equity of TRY3.0B and total debt of TRY595.9M, which brings its debt-to-equity ratio to 20%. Its total assets and total liabilities are TRY4.5B and TRY1.5B respectively. Penguen Gida Sanayi's EBIT is TRY69.8M making its interest coverage ratio 0.5. It has cash and short-term investments of TRY14.7M.
Key information
20.0%
Debt to equity ratio
₺595.88m
Debt
| Interest coverage ratio | 0.5x |
| Cash | ₺14.67m |
| Equity | ₺2.98b |
| Total liabilities | ₺1.51b |
| Total assets | ₺4.49b |
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 (TRY892.8M).
Long Term Liabilities: PENGD's short term assets (TRY1.1B) exceed its long term liabilities (TRY614.0M).
Debt to Equity History and Analysis
Debt Level: PENGD's net debt to equity ratio (19.5%) is considered satisfactory.
Reducing Debt: PENGD's debt to equity ratio has reduced from 344.3% to 20% 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: Whilst unprofitable PENGD has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: PENGD is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 18.4% per year.