Parsan Makina Parçalari Sanayii Balance Sheet Health
Financial Health criteria checks 2/6
Parsan Makina Parçalari Sanayii has a total shareholder equity of TRY8.1B and total debt of TRY3.5B, which brings its debt-to-equity ratio to 43.5%. Its total assets and total liabilities are TRY13.0B and TRY5.0B respectively. Parsan Makina Parçalari Sanayii's EBIT is TRY493.3M making its interest coverage ratio -2.5. It has cash and short-term investments of TRY106.0M.
Key information
43.5%
Debt to equity ratio
₺3.50b
Debt
| Interest coverage ratio | -2.5x |
| Cash | ₺106.01m |
| Equity | ₺8.05b |
| Total liabilities | ₺4.98b |
| Total assets | ₺13.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PARSN's short term assets (TRY1.7B) do not cover its short term liabilities (TRY3.1B).
Long Term Liabilities: PARSN's short term assets (TRY1.7B) do not cover its long term liabilities (TRY1.9B).
Debt to Equity History and Analysis
Debt Level: PARSN's net debt to equity ratio (42.2%) is considered high.
Reducing Debt: PARSN's debt to equity ratio has reduced from 144.6% to 43.5% over the past 5 years.
Debt Coverage: PARSN's debt is not well covered by operating cash flow (7.6%).
Interest Coverage: PARSN earns more interest than it pays, so coverage of interest payments is not a concern.