Karsan Otomotiv Sanayii ve Ticaret Balance Sheet Health
Financial Health criteria checks 4/6
Karsan Otomotiv Sanayii ve Ticaret has a total shareholder equity of TRY4.7B and total debt of TRY6.5B, which brings its debt-to-equity ratio to 138.7%. Its total assets and total liabilities are TRY14.5B and TRY9.8B respectively. Karsan Otomotiv Sanayii ve Ticaret's EBIT is TRY241.8M making its interest coverage ratio -0.6. It has cash and short-term investments of TRY854.2M.
Key information
138.7%
Debt to equity ratio
₺6.49b
Debt
| Interest coverage ratio | -0.6x |
| Cash | ₺854.21m |
| Equity | ₺4.68b |
| Total liabilities | ₺9.81b |
| Total assets | ₺14.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KARSN's short term assets (TRY8.0B) exceed its short term liabilities (TRY7.7B).
Long Term Liabilities: KARSN's short term assets (TRY8.0B) exceed its long term liabilities (TRY2.2B).
Debt to Equity History and Analysis
Debt Level: KARSN's net debt to equity ratio (120.5%) is considered high.
Reducing Debt: KARSN's debt to equity ratio has reduced from 285% to 138.7% over the past 5 years.
Debt Coverage: KARSN's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: KARSN earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 17:55 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Karsan Otomotiv Sanayii ve Ticaret A.S. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kurthan Atmaca | Deniz Yatirim Menkul Degerler A.S. |