Federal-Mogul Izmit Piston Ve Pim Üretim Tesisleri Balance Sheet Health
Financial Health criteria checks 6/6
Federal-Mogul Izmit Piston Ve Pim Üretim Tesisleri has a total shareholder equity of TRY431.7M and total debt of TRY0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are TRY518.4M and TRY86.7M respectively. Federal-Mogul Izmit Piston Ve Pim Üretim Tesisleri's EBIT is TRY123.5M making its interest coverage ratio -4.5. It has cash and short-term investments of TRY190.7M.
Key information
0%
Debt to equity ratio
₺0
Debt
| Interest coverage ratio | -4.5x |
| Cash | ₺190.70m |
| Equity | ₺431.72m |
| Total liabilities | ₺86.71m |
| Total assets | ₺518.43m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FMIZP's short term assets (TRY286.9M) exceed its short term liabilities (TRY47.6M).
Long Term Liabilities: FMIZP's short term assets (TRY286.9M) exceed its long term liabilities (TRY39.1M).
Debt to Equity History and Analysis
Debt Level: FMIZP is debt free.
Reducing Debt: FMIZP has no debt compared to 5 years ago when its debt to equity ratio was 0.6%.
Debt Coverage: FMIZP has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: FMIZP has no debt, therefore coverage of interest payments is not a concern.