Viking Kagit ve Selüloz Balance Sheet Health
Financial Health criteria checks 2/6
Viking Kagit ve Selüloz has a total shareholder equity of TRY40.2M and total debt of TRY1.6B, which brings its debt-to-equity ratio to 4037.4%. Its total assets and total liabilities are TRY2.2B and TRY2.2B respectively.
Key information
4,037.4%
Debt to equity ratio
₺1.62b
Debt
| Interest coverage ratio | n/a |
| Cash | ₺27.43m |
| Equity | ₺40.19m |
| Total liabilities | ₺2.16b |
| Total assets | ₺2.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VKING's short term assets (TRY368.5M) do not cover its short term liabilities (TRY1.8B).
Long Term Liabilities: VKING's short term assets (TRY368.5M) exceed its long term liabilities (TRY339.3M).
Debt to Equity History and Analysis
Debt Level: VKING's net debt to equity ratio (3969.2%) is considered high.
Reducing Debt: VKING's debt to equity ratio has reduced from 4768.1% to 4037.4% 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 59.9% each year