MIA Teknoloji Anonim Sirketi Balance Sheet Health
Financial Health criteria checks 5/6
MIA Teknoloji Anonim Sirketi has a total shareholder equity of TRY3.2B and total debt of TRY566.5M, which brings its debt-to-equity ratio to 17.5%. Its total assets and total liabilities are TRY4.3B and TRY1.0B respectively. MIA Teknoloji Anonim Sirketi's EBIT is TRY1.1B making its interest coverage ratio 7.7. It has cash and short-term investments of TRY648.0M.
Key information
17.5%
Debt to equity ratio
₺566.54m
Debt
| Interest coverage ratio | 7.7x |
| Cash | ₺647.95m |
| Equity | ₺3.24b |
| Total liabilities | ₺1.02b |
| Total assets | ₺4.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MIATK's short term assets (TRY1.9B) exceed its short term liabilities (TRY984.5M).
Long Term Liabilities: MIATK's short term assets (TRY1.9B) exceed its long term liabilities (TRY38.8M).
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 debt is well covered by operating cash flow (31.9%).
Interest Coverage: MIATK's interest payments on its debt are well covered by EBIT (7.7x coverage).