Brisa Bridgestone Sabanci Lastik Sanayi ve Ticaret Balance Sheet Health
Financial Health criteria checks 6/6
Brisa Bridgestone Sabanci Lastik Sanayi ve Ticaret has a total shareholder equity of TRY13.4B and total debt of TRY15.6B, which brings its debt-to-equity ratio to 115.7%. Its total assets and total liabilities are TRY37.1B and TRY23.6B respectively. Brisa Bridgestone Sabanci Lastik Sanayi ve Ticaret's EBIT is TRY3.0B making its interest coverage ratio -3.9. It has cash and short-term investments of TRY14.5B.
Key information
115.7%
Debt to equity ratio
₺15.56b
Debt
Interest coverage ratio | -3.9x |
Cash | ₺14.54b |
Equity | ₺13.45b |
Total liabilities | ₺23.61b |
Total assets | ₺37.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BRISA's short term assets (TRY22.0B) exceed its short term liabilities (TRY17.3B).
Long Term Liabilities: BRISA's short term assets (TRY22.0B) exceed its long term liabilities (TRY6.3B).
Debt to Equity History and Analysis
Debt Level: BRISA's net debt to equity ratio (7.6%) is considered satisfactory.
Reducing Debt: BRISA's debt to equity ratio has reduced from 290.3% to 115.7% over the past 5 years.
Debt Coverage: BRISA's debt is well covered by operating cash flow (22.3%).
Interest Coverage: BRISA earns more interest than it pays, so coverage of interest payments is not a concern.