Logo Yazilim Sanayi ve Ticaret Balance Sheet Health
Financial Health criteria checks 5/6
Logo Yazilim Sanayi ve Ticaret has a total shareholder equity of TRY2.3B and total debt of TRY313.8M, which brings its debt-to-equity ratio to 13.6%. Its total assets and total liabilities are TRY5.3B and TRY3.0B respectively. Logo Yazilim Sanayi ve Ticaret's EBIT is TRY286.2M making its interest coverage ratio 4.5. It has cash and short-term investments of TRY770.1M.
Key information
13.6%
Debt to equity ratio
₺313.85m
Debt
Interest coverage ratio | 4.5x |
Cash | ₺770.10m |
Equity | ₺2.30b |
Total liabilities | ₺3.04b |
Total assets | ₺5.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LOGO's short term assets (TRY1.7B) do not cover its short term liabilities (TRY2.6B).
Long Term Liabilities: LOGO's short term assets (TRY1.7B) exceed its long term liabilities (TRY455.5M).
Debt to Equity History and Analysis
Debt Level: LOGO has more cash than its total debt.
Reducing Debt: LOGO's debt to equity ratio has reduced from 30.7% to 13.6% over the past 5 years.
Debt Coverage: LOGO's debt is well covered by operating cash flow (42.2%).
Interest Coverage: LOGO's interest payments on its debt are well covered by EBIT (4.5x coverage).