Söke Degirmencilik Sanayi ve Ticaret Balance Sheet Health
Financial Health criteria checks 4/6
Söke Degirmencilik Sanayi ve Ticaret has a total shareholder equity of TRY2.6B and total debt of TRY360.9M, which brings its debt-to-equity ratio to 13.7%. Its total assets and total liabilities are TRY3.6B and TRY923.8M respectively. Söke Degirmencilik Sanayi ve Ticaret's EBIT is TRY326.2M making its interest coverage ratio -1.7. It has cash and short-term investments of TRY368.0M.
Key information
13.7%
Debt to equity ratio
₺360.90m
Debt
| Interest coverage ratio | -1.7x |
| Cash | ₺368.00m |
| Equity | ₺2.63b |
| Total liabilities | ₺923.76m |
| Total assets | ₺3.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SOKE's short term assets (TRY1.4B) exceed its short term liabilities (TRY440.2M).
Long Term Liabilities: SOKE's short term assets (TRY1.4B) exceed its long term liabilities (TRY483.6M).
Debt to Equity History and Analysis
Debt Level: SOKE has more cash than its total debt.
Reducing Debt: Insufficient data to determine if SOKE's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SOKE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SOKE earns more interest than it pays, so coverage of interest payments is not a concern.