Ege Endüstri ve Ticaret Balance Sheet Health
Financial Health criteria checks 5/6
Ege Endüstri ve Ticaret has a total shareholder equity of TRY2.4B and total debt of TRY1.2B, which brings its debt-to-equity ratio to 49.3%. Its total assets and total liabilities are TRY4.4B and TRY2.0B respectively. Ege Endüstri ve Ticaret's EBIT is TRY825.7M making its interest coverage ratio -2.6. It has cash and short-term investments of TRY1.5B.
Key information
49.3%
Debt to equity ratio
₺1.18b
Debt
| Interest coverage ratio | -2.6x |
| Cash | ₺1.49b |
| Equity | ₺2.40b |
| Total liabilities | ₺1.99b |
| Total assets | ₺4.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EGEEN's short term assets (TRY2.9B) exceed its short term liabilities (TRY790.2M).
Long Term Liabilities: EGEEN's short term assets (TRY2.9B) exceed its long term liabilities (TRY1.2B).
Debt to Equity History and Analysis
Debt Level: EGEEN has more cash than its total debt.
Reducing Debt: EGEEN's debt to equity ratio has increased from 7.7% to 49.3% over the past 5 years.
Debt Coverage: EGEEN's debt is well covered by operating cash flow (114.3%).
Interest Coverage: EGEEN earns more interest than it pays, so coverage of interest payments is not a concern.