Mega Polietilen Köpük Sanayi ve Ticaret Anonim Sirketi Balance Sheet Health
Financial Health criteria checks 3/6
Mega Polietilen Köpük Sanayi ve Ticaret Anonim Sirketi has a total shareholder equity of TRY1.9B and total debt of TRY894.5M, which brings its debt-to-equity ratio to 47%. Its total assets and total liabilities are TRY8.5B and TRY6.6B respectively. Mega Polietilen Köpük Sanayi ve Ticaret Anonim Sirketi's EBIT is TRY648.4M making its interest coverage ratio 5. It has cash and short-term investments of TRY13.0M.
Key information
47.0%
Debt to equity ratio
₺894.50m
Debt
| Interest coverage ratio | 5x |
| Cash | ₺13.00m |
| Equity | ₺1.90b |
| Total liabilities | ₺6.59b |
| Total assets | ₺8.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MEGAP's short term assets (TRY7.4B) exceed its short term liabilities (TRY6.6B).
Long Term Liabilities: MEGAP's short term assets (TRY7.4B) exceed its long term liabilities (TRY29.8M).
Debt to Equity History and Analysis
Debt Level: MEGAP's net debt to equity ratio (46.4%) is considered high.
Reducing Debt: MEGAP's debt to equity ratio has increased from 17.8% to 47% over the past 5 years.
Debt Coverage: MEGAP's debt is not well covered by operating cash flow (10.9%).
Interest Coverage: MEGAP's interest payments on its debt are well covered by EBIT (5x coverage).