Sekuro Plastik Ambalaj Sanayi Balance Sheet Health
Financial Health criteria checks 4/6
Sekuro Plastik Ambalaj Sanayi has a total shareholder equity of TRY255.8M and total debt of TRY122.0M, which brings its debt-to-equity ratio to 47.7%. Its total assets and total liabilities are TRY901.5M and TRY645.7M respectively. Sekuro Plastik Ambalaj Sanayi's EBIT is TRY89.5M making its interest coverage ratio 0.8. It has cash and short-term investments of TRY19.9M.
Key information
47.7%
Debt to equity ratio
₺121.96m
Debt
Interest coverage ratio | 0.8x |
Cash | ₺19.89m |
Equity | ₺255.78m |
Total liabilities | ₺645.67m |
Total assets | ₺901.46m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SEKUR's short term assets (TRY355.4M) do not cover its short term liabilities (TRY365.0M).
Long Term Liabilities: SEKUR's short term assets (TRY355.4M) exceed its long term liabilities (TRY280.7M).
Debt to Equity History and Analysis
Debt Level: SEKUR's net debt to equity ratio (39.9%) is considered satisfactory.
Reducing Debt: SEKUR's debt to equity ratio has reduced from 179.8% to 47.7% over the past 5 years.
Debt Coverage: SEKUR's debt is well covered by operating cash flow (35.7%).
Interest Coverage: SEKUR's interest payments on its debt are not well covered by EBIT (0.8x coverage).