Makim Makina Teknolojileri Sanayi Ve Ticaret Balance Sheet Health
Financial Health criteria checks 4/6
Makim Makina Teknolojileri Sanayi Ve Ticaret has a total shareholder equity of TRY343.3M and total debt of TRY94.9M, which brings its debt-to-equity ratio to 27.7%. Its total assets and total liabilities are TRY533.6M and TRY190.4M respectively. Makim Makina Teknolojileri Sanayi Ve Ticaret's EBIT is TRY164.6M making its interest coverage ratio 22.1. It has cash and short-term investments of TRY70.3M.
Key information
27.7%
Debt to equity ratio
₺94.95m
Debt
| Interest coverage ratio | 22.1x |
| Cash | ₺70.34m |
| Equity | ₺343.30m |
| Total liabilities | ₺190.35m |
| Total assets | ₺533.65m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MAKIM's short term assets (TRY390.8M) exceed its short term liabilities (TRY137.2M).
Long Term Liabilities: MAKIM's short term assets (TRY390.8M) exceed its long term liabilities (TRY53.1M).
Debt to Equity History and Analysis
Debt Level: MAKIM's net debt to equity ratio (7.2%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if MAKIM's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: MAKIM's debt is not well covered by operating cash flow (4.3%).
Interest Coverage: MAKIM's interest payments on its debt are well covered by EBIT (22.1x coverage).