Kron Teknoloji Balance Sheet Health
Financial Health criteria checks 6/6
Kron Teknoloji has a total shareholder equity of TRY364.6M and total debt of TRY20.6M, which brings its debt-to-equity ratio to 5.7%. Its total assets and total liabilities are TRY563.5M and TRY199.0M respectively. Kron Teknoloji's EBIT is TRY60.6M making its interest coverage ratio -18.3. It has cash and short-term investments of TRY115.5M.
Key information
5.7%
Debt to equity ratio
₺20.61m
Debt
| Interest coverage ratio | -18.3x |
| Cash | ₺115.51m |
| Equity | ₺364.55m |
| Total liabilities | ₺198.99m |
| Total assets | ₺563.54m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KRONT's short term assets (TRY258.3M) exceed its short term liabilities (TRY120.9M).
Long Term Liabilities: KRONT's short term assets (TRY258.3M) exceed its long term liabilities (TRY78.1M).
Debt to Equity History and Analysis
Debt Level: KRONT has more cash than its total debt.
Reducing Debt: KRONT's debt to equity ratio has reduced from 15.6% to 5.7% over the past 5 years.
Debt Coverage: KRONT's debt is well covered by operating cash flow (488.2%).
Interest Coverage: KRONT earns more interest than it pays, so coverage of interest payments is not a concern.