Tat Gida Sanayi Balance Sheet Health
Financial Health criteria checks 2/6
Tat Gida Sanayi has a total shareholder equity of TRY2.4B and total debt of TRY3.0B, which brings its debt-to-equity ratio to 126.8%. Its total assets and total liabilities are TRY6.6B and TRY4.3B respectively.
Key information
126.8%
Debt to equity ratio
₺2.99b
Debt
Interest coverage ratio | n/a |
Cash | ₺92.69m |
Equity | ₺2.36b |
Total liabilities | ₺4.25b |
Total assets | ₺6.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TATGD's short term assets (TRY4.9B) exceed its short term liabilities (TRY3.2B).
Long Term Liabilities: TATGD's short term assets (TRY4.9B) exceed its long term liabilities (TRY1.0B).
Debt to Equity History and Analysis
Debt Level: TATGD's net debt to equity ratio (122.9%) is considered high.
Reducing Debt: TATGD's debt to equity ratio has increased from 31.2% to 126.8% over the past 5 years.
Debt Coverage: TATGD's debt is not well covered by operating cash flow (8%).
Interest Coverage: Insufficient data to determine if TATGD's interest payments on its debt are well covered by EBIT.