Bantas Bandirma Ambalaj Sanayi ve Ticaret Balance Sheet Health
Financial Health criteria checks 6/6
Bantas Bandirma Ambalaj Sanayi ve Ticaret has a total shareholder equity of TRY700.6M and total debt of TRY84.4M, which brings its debt-to-equity ratio to 12.1%. Its total assets and total liabilities are TRY851.4M and TRY150.8M respectively. Bantas Bandirma Ambalaj Sanayi ve Ticaret's EBIT is TRY238.3M making its interest coverage ratio 11.3. It has cash and short-term investments of TRY268.8M.
Key information
12.1%
Debt to equity ratio
₺84.44m
Debt
Interest coverage ratio | 11.3x |
Cash | ₺268.76m |
Equity | ₺700.56m |
Total liabilities | ₺150.84m |
Total assets | ₺851.40m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BNTAS's short term assets (TRY554.9M) exceed its short term liabilities (TRY135.0M).
Long Term Liabilities: BNTAS's short term assets (TRY554.9M) exceed its long term liabilities (TRY15.8M).
Debt to Equity History and Analysis
Debt Level: BNTAS has more cash than its total debt.
Reducing Debt: BNTAS's debt to equity ratio has reduced from 16.2% to 12.1% over the past 5 years.
Debt Coverage: BNTAS's debt is well covered by operating cash flow (322.5%).
Interest Coverage: BNTAS's interest payments on its debt are well covered by EBIT (11.3x coverage).