Ege Endüstri ve Ticaret Balance Sheet Health
Financial Health criteria checks 5/6
Ege Endüstri ve Ticaret has a total shareholder equity of TRY4.9B and total debt of TRY1.4B, which brings its debt-to-equity ratio to 29.2%. Its total assets and total liabilities are TRY7.3B and TRY2.4B respectively. Ege Endüstri ve Ticaret's EBIT is TRY828.0M making its interest coverage ratio -1.8. It has cash and short-term investments of TRY1.7B.
Key information
29.2%
Debt to equity ratio
₺1.42b
Debt
| Interest coverage ratio | -1.8x |
| Cash | ₺1.75b |
| Equity | ₺4.85b |
| Total liabilities | ₺2.43b |
| Total assets | ₺7.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EGEEN's short term assets (TRY3.4B) exceed its short term liabilities (TRY1.1B).
Long Term Liabilities: EGEEN's short term assets (TRY3.4B) exceed its long term liabilities (TRY1.3B).
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 13.7% to 29.2% over the past 5 years.
Debt Coverage: EGEEN's debt is well covered by operating cash flow (70.1%).
Interest Coverage: EGEEN earns more interest than it pays, so coverage of interest payments is not a concern.