Tarkim Bitki Koruma Sanayi ve Ticaret Balance Sheet Health
Financial Health criteria checks 5/6
Tarkim Bitki Koruma Sanayi ve Ticaret has a total shareholder equity of TRY1.3B and total debt of TRY290.1M, which brings its debt-to-equity ratio to 22.7%. Its total assets and total liabilities are TRY1.6B and TRY343.2M respectively. Tarkim Bitki Koruma Sanayi ve Ticaret's EBIT is TRY299.9M making its interest coverage ratio 89. It has cash and short-term investments of TRY361.7M.
Key information
22.7%
Debt to equity ratio
₺290.13m
Debt
Interest coverage ratio | 89x |
Cash | ₺361.66m |
Equity | ₺1.28b |
Total liabilities | ₺343.20m |
Total assets | ₺1.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TARKM's short term assets (TRY1.2B) exceed its short term liabilities (TRY227.0M).
Long Term Liabilities: TARKM's short term assets (TRY1.2B) exceed its long term liabilities (TRY116.2M).
Debt to Equity History and Analysis
Debt Level: TARKM has more cash than its total debt.
Reducing Debt: Insufficient data to determine if TARKM's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: TARKM's debt is well covered by operating cash flow (108.5%).
Interest Coverage: TARKM's interest payments on its debt are well covered by EBIT (89x coverage).