Karsan Otomotiv Sanayii ve Ticaret Balance Sheet Health
Financial Health criteria checks 3/6
Karsan Otomotiv Sanayii ve Ticaret has a total shareholder equity of TRY5.3B and total debt of TRY3.8B, which brings its debt-to-equity ratio to 71.3%. Its total assets and total liabilities are TRY12.7B and TRY7.5B respectively. Karsan Otomotiv Sanayii ve Ticaret's EBIT is TRY533.7M making its interest coverage ratio 0.9. It has cash and short-term investments of TRY1.0B.
Key information
71.3%
Debt to equity ratio
₺3.76b
Debt
Interest coverage ratio | 0.9x |
Cash | ₺1.03b |
Equity | ₺5.28b |
Total liabilities | ₺7.45b |
Total assets | ₺12.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KARSN's short term assets (TRY5.8B) do not cover its short term liabilities (TRY6.0B).
Long Term Liabilities: KARSN's short term assets (TRY5.8B) exceed its long term liabilities (TRY1.5B).
Debt to Equity History and Analysis
Debt Level: KARSN's net debt to equity ratio (51.9%) is considered high.
Reducing Debt: KARSN's debt to equity ratio has reduced from 471.3% to 71.3% over the past 5 years.
Debt Coverage: KARSN's debt is well covered by operating cash flow (35.7%).
Interest Coverage: KARSN's interest payments on its debt are not well covered by EBIT (0.9x coverage).