Sekuro Plastik Ambalaj Sanayi Balance Sheet Health
Financial Health criteria checks 1/6
Sekuro Plastik Ambalaj Sanayi has a total shareholder equity of TRY348.5M and total debt of TRY420.2M, which brings its debt-to-equity ratio to 120.6%. Its total assets and total liabilities are TRY1.3B and TRY903.9M respectively. Sekuro Plastik Ambalaj Sanayi's EBIT is TRY23.7M making its interest coverage ratio 0.3. It has cash and short-term investments of TRY23.3M.
Key information
120.6%
Debt to equity ratio
₺420.20m
Debt
| Interest coverage ratio | 0.3x |
| Cash | ₺23.29m |
| Equity | ₺348.50m |
| Total liabilities | ₺903.93m |
| Total assets | ₺1.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SEKUR's short term assets (TRY602.6M) do not cover its short term liabilities (TRY678.5M).
Long Term Liabilities: SEKUR's short term assets (TRY602.6M) exceed its long term liabilities (TRY225.4M).
Debt to Equity History and Analysis
Debt Level: SEKUR's net debt to equity ratio (113.9%) is considered high.
Reducing Debt: SEKUR's debt to equity ratio has increased from 64.3% to 120.6% 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: SEKUR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SEKUR has less than a year of cash runway if free cash flow continues to reduce at historical rates of 4.5% each year