Sumas Suni Tahta ve Mobilya Sanayi Balance Sheet Health
Financial Health criteria checks 5/6
Sumas Suni Tahta ve Mobilya Sanayi has a total shareholder equity of TRY322.8M and total debt of TRY4.0M, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are TRY398.3M and TRY75.5M respectively. Sumas Suni Tahta ve Mobilya Sanayi's EBIT is TRY53.8M making its interest coverage ratio -2.7. It has cash and short-term investments of TRY116.6M.
Key information
1.2%
Debt to equity ratio
₺4.02m
Debt
| Interest coverage ratio | -2.7x |
| Cash | ₺116.63m |
| Equity | ₺322.77m |
| Total liabilities | ₺75.50m |
| Total assets | ₺398.27m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SUMAS's short term assets (TRY215.6M) exceed its short term liabilities (TRY65.7M).
Long Term Liabilities: SUMAS's short term assets (TRY215.6M) exceed its long term liabilities (TRY9.8M).
Debt to Equity History and Analysis
Debt Level: SUMAS has more cash than its total debt.
Reducing Debt: SUMAS's debt to equity ratio has increased from 0% to 1.2% 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: Whilst unprofitable SUMAS has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SUMAS is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 14.7% per year.