Manas Enerji Yonetimi Sanayi Ve Ticaret Anonim Sirketi Balance Sheet Health
Financial Health criteria checks 1/6
Manas Enerji Yonetimi Sanayi Ve Ticaret Anonim Sirketi has a total shareholder equity of TRY602.8M and total debt of TRY428.6M, which brings its debt-to-equity ratio to 71.1%. Its total assets and total liabilities are TRY1.2B and TRY624.2M respectively. Manas Enerji Yonetimi Sanayi Ve Ticaret Anonim Sirketi's EBIT is TRY66.9M making its interest coverage ratio 0.6. It has cash and short-term investments of TRY3.0M.
Key information
71.1%
Debt to equity ratio
₺428.59m
Debt
| Interest coverage ratio | 0.6x |
| Cash | ₺2.97m |
| Equity | ₺602.84m |
| Total liabilities | ₺624.23m |
| Total assets | ₺1.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MANAS's short term assets (TRY511.3M) do not cover its short term liabilities (TRY519.6M).
Long Term Liabilities: MANAS's short term assets (TRY511.3M) exceed its long term liabilities (TRY104.6M).
Debt to Equity History and Analysis
Debt Level: MANAS's net debt to equity ratio (70.6%) is considered high.
Reducing Debt: Insufficient data to determine if MANAS's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: MANAS has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MANAS has less than a year of cash runway if free cash flow continues to reduce at historical rates of 39% each year