MIA Teknoloji Anonim Sirketi Balance Sheet Health
Financial Health criteria checks 4/6
MIA Teknoloji Anonim Sirketi has a total shareholder equity of TRY2.7B and total debt of TRY289.9M, which brings its debt-to-equity ratio to 10.7%. Its total assets and total liabilities are TRY3.3B and TRY640.8M respectively. MIA Teknoloji Anonim Sirketi's EBIT is TRY1.2B making its interest coverage ratio 18.3. It has cash and short-term investments of TRY406.5M.
Key information
10.7%
Debt to equity ratio
₺289.93m
Debt
| Interest coverage ratio | 18.3x |
| Cash | ₺406.47m |
| Equity | ₺2.70b |
| Total liabilities | ₺640.81m |
| Total assets | ₺3.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MIATK's short term assets (TRY1.7B) exceed its short term liabilities (TRY598.9M).
Long Term Liabilities: MIATK's short term assets (TRY1.7B) exceed its long term liabilities (TRY41.9M).
Debt to Equity History and Analysis
Debt Level: MIATK has more cash than its total debt.
Reducing Debt: Insufficient data to determine if MIATK's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: MIATK's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MIATK's interest payments on its debt are well covered by EBIT (18.3x coverage).