Margün Enerji Üretim Sanayi ve Ticaret Balance Sheet Health
Financial Health criteria checks 2/6
Margün Enerji Üretim Sanayi ve Ticaret has a total shareholder equity of TRY8.8B and total debt of TRY2.7B, which brings its debt-to-equity ratio to 30.9%. Its total assets and total liabilities are TRY13.2B and TRY4.4B respectively. Margün Enerji Üretim Sanayi ve Ticaret's EBIT is TRY150.5M making its interest coverage ratio -0.5. It has cash and short-term investments of TRY257.8M.
Key information
30.9%
Debt to equity ratio
₺2.71b
Debt
| Interest coverage ratio | -0.5x |
| Cash | ₺257.82m |
| Equity | ₺8.77b |
| Total liabilities | ₺4.43b |
| Total assets | ₺13.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MAGEN's short term assets (TRY1.0B) do not cover its short term liabilities (TRY1.3B).
Long Term Liabilities: MAGEN's short term assets (TRY1.0B) do not cover its long term liabilities (TRY3.2B).
Debt to Equity History and Analysis
Debt Level: MAGEN's net debt to equity ratio (27.9%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if MAGEN's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: MAGEN's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MAGEN earns more interest than it pays, so coverage of interest payments is not a concern.