Mondi Tire Kutsan Kagit ve Ambalaj Sanayi Balance Sheet Health
Financial Health criteria checks 5/6
Mondi Tire Kutsan Kagit ve Ambalaj Sanayi has a total shareholder equity of TRY2.2B and total debt of TRY985.7M, which brings its debt-to-equity ratio to 43.9%. Its total assets and total liabilities are TRY5.6B and TRY3.4B respectively. Mondi Tire Kutsan Kagit ve Ambalaj Sanayi's EBIT is TRY572.5M making its interest coverage ratio 3. It has cash and short-term investments of TRY73.5M.
Key information
43.9%
Debt to equity ratio
₺985.72m
Debt
| Interest coverage ratio | 3x |
| Cash | ₺73.50m |
| Equity | ₺2.25b |
| Total liabilities | ₺3.40b |
| Total assets | ₺5.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MNDTR's short term assets (TRY3.9B) exceed its short term liabilities (TRY3.2B).
Long Term Liabilities: MNDTR's short term assets (TRY3.9B) exceed its long term liabilities (TRY245.3M).
Debt to Equity History and Analysis
Debt Level: MNDTR's net debt to equity ratio (40.6%) is considered high.
Reducing Debt: MNDTR's debt to equity ratio has reduced from 106.7% to 43.9% over the past 5 years.
Debt Coverage: MNDTR's debt is well covered by operating cash flow (60.9%).
Interest Coverage: MNDTR's interest payments on its debt are well covered by EBIT (3x coverage).