Viking Kagit ve Selüloz Balance Sheet Health
Financial Health criteria checks 2/6
Viking Kagit ve Selüloz has a total shareholder equity of TRY262.0M and total debt of TRY1.1B, which brings its debt-to-equity ratio to 437.3%. Its total assets and total liabilities are TRY1.9B and TRY1.7B respectively.
Key information
437.3%
Debt to equity ratio
₺1.15b
Debt
| Interest coverage ratio | n/a |
| Cash | ₺30.93m |
| Equity | ₺262.01m |
| Total liabilities | ₺1.67b |
| Total assets | ₺1.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VKING's short term assets (TRY355.1M) do not cover its short term liabilities (TRY1.3B).
Long Term Liabilities: VKING's short term assets (TRY355.1M) exceed its long term liabilities (TRY320.8M).
Debt to Equity History and Analysis
Debt Level: VKING's net debt to equity ratio (425.5%) is considered high.
Reducing Debt: VKING's debt to equity ratio has reduced from 578.1% to 437.3% 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: VKING has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: VKING has less than a year of cash runway if free cash flow continues to reduce at historical rates of 58.1% each year