Smartiks Yazilim Balance Sheet Health
Financial Health criteria checks 6/6
Smartiks Yazilim has a total shareholder equity of TRY135.7M and total debt of TRY19.1M, which brings its debt-to-equity ratio to 14%. Its total assets and total liabilities are TRY183.9M and TRY48.2M respectively. Smartiks Yazilim's EBIT is TRY57.1M making its interest coverage ratio 20.9. It has cash and short-term investments of TRY1.8M.
Key information
14.0%
Debt to equity ratio
₺19.07m
Debt
| Interest coverage ratio | 20.9x |
| Cash | ₺1.83m |
| Equity | ₺135.72m |
| Total liabilities | ₺48.16m |
| Total assets | ₺183.88m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SMART's short term assets (TRY61.4M) exceed its short term liabilities (TRY40.7M).
Long Term Liabilities: SMART's short term assets (TRY61.4M) exceed its long term liabilities (TRY7.5M).
Debt to Equity History and Analysis
Debt Level: SMART's net debt to equity ratio (12.7%) is considered satisfactory.
Reducing Debt: SMART's debt to equity ratio has reduced from 35.8% to 14% over the past 5 years.
Debt Coverage: SMART's debt is well covered by operating cash flow (300.8%).
Interest Coverage: SMART's interest payments on its debt are well covered by EBIT (20.9x coverage).