Logo Yazilim Sanayi ve Ticaret Balance Sheet Health
Financial Health criteria checks 4/6
Logo Yazilim Sanayi ve Ticaret has a total shareholder equity of TRY2.8B and total debt of TRY438.1M, which brings its debt-to-equity ratio to 15.7%. Its total assets and total liabilities are TRY6.3B and TRY3.5B respectively. Logo Yazilim Sanayi ve Ticaret's EBIT is TRY476.3M making its interest coverage ratio 0.8. It has cash and short-term investments of TRY763.8M.
Key information
15.7%
Debt to equity ratio
₺438.15m
Debt
| Interest coverage ratio | 0.8x |
| Cash | ₺763.82m |
| Equity | ₺2.80b |
| Total liabilities | ₺3.46b |
| Total assets | ₺6.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LOGO's short term assets (TRY1.8B) do not cover its short term liabilities (TRY2.9B).
Long Term Liabilities: LOGO's short term assets (TRY1.8B) exceed its long term liabilities (TRY564.1M).
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 28.9% to 15.7% over the past 5 years.
Debt Coverage: LOGO's debt is well covered by operating cash flow (177.8%).
Interest Coverage: LOGO's interest payments on its debt are not well covered by EBIT (0.8x coverage).