Sumas Suni Tahta ve Mobilya Sanayi Balance Sheet Health
Financial Health criteria checks 6/6
Sumas Suni Tahta ve Mobilya Sanayi has a total shareholder equity of TRY252.5M and total debt of TRY0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are TRY336.0M and TRY83.4M respectively. Sumas Suni Tahta ve Mobilya Sanayi's EBIT is TRY103.1M making its interest coverage ratio -5.3. It has cash and short-term investments of TRY118.9M.
Key information
0%
Debt to equity ratio
₺0
Debt
| Interest coverage ratio | -5.3x |
| Cash | ₺118.93m |
| Equity | ₺252.52m |
| Total liabilities | ₺83.44m |
| Total assets | ₺335.96m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SUMAS's short term assets (TRY214.3M) exceed its short term liabilities (TRY65.3M).
Long Term Liabilities: SUMAS's short term assets (TRY214.3M) exceed its long term liabilities (TRY18.2M).
Debt to Equity History and Analysis
Debt Level: SUMAS is debt free.
Reducing Debt: SUMAS has no debt compared to 5 years ago when its debt to equity ratio was 0.2%.
Debt Coverage: SUMAS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SUMAS has no debt, therefore coverage of interest payments is not a concern.