Mepet Metro Petrol ve Tesisleri Sanayi Ticaret Balance Sheet Health
Financial Health criteria checks 4/6
Mepet Metro Petrol ve Tesisleri Sanayi Ticaret has a total shareholder equity of TRY853.6M and total debt of TRY120.2M, which brings its debt-to-equity ratio to 14.1%. Its total assets and total liabilities are TRY1.3B and TRY405.7M respectively. Mepet Metro Petrol ve Tesisleri Sanayi Ticaret's EBIT is TRY96.3M making its interest coverage ratio -452.5. It has cash and short-term investments of TRY49.4M.
Key information
14.1%
Debt to equity ratio
₺120.24m
Debt
Interest coverage ratio | -452.5x |
Cash | ₺49.40m |
Equity | ₺853.57m |
Total liabilities | ₺405.65m |
Total assets | ₺1.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MEPET's short term assets (TRY140.8M) do not cover its short term liabilities (TRY319.5M).
Long Term Liabilities: MEPET's short term assets (TRY140.8M) exceed its long term liabilities (TRY86.2M).
Debt to Equity History and Analysis
Debt Level: MEPET's net debt to equity ratio (8.3%) is considered satisfactory.
Reducing Debt: MEPET's debt to equity ratio has increased from 0% to 14.1% over the past 5 years.
Debt Coverage: MEPET's debt is well covered by operating cash flow (50.7%).
Interest Coverage: MEPET earns more interest than it pays, so coverage of interest payments is not a concern.