Tofas Türk Otomobil Fabrikasi Anonim Sirketi

IBSE:TOASO Stock Report

Market Cap: ₺111.9b

Tofas Türk Otomobil Fabrikasi Anonim Sirketi Balance Sheet Health

Financial Health criteria checks 5/6

Tofas Türk Otomobil Fabrikasi Anonim Sirketi has a total shareholder equity of TRY40.0B and total debt of TRY17.8B, which brings its debt-to-equity ratio to 44.6%. Its total assets and total liabilities are TRY88.6B and TRY48.6B respectively. Tofas Türk Otomobil Fabrikasi Anonim Sirketi's EBIT is TRY10.6B making its interest coverage ratio -1.6. It has cash and short-term investments of TRY18.5B.

Key information

44.6%

Debt to equity ratio

₺17.81b

Debt

Interest coverage ratio-1.6x
Cash₺18.50b
Equity₺39.97b
Total liabilities₺48.59b
Total assets₺88.56b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: TOASO's short term assets (TRY63.6B) exceed its short term liabilities (TRY40.8B).

Long Term Liabilities: TOASO's short term assets (TRY63.6B) exceed its long term liabilities (TRY7.8B).


Debt to Equity History and Analysis

Debt Level: TOASO has more cash than its total debt.

Reducing Debt: TOASO's debt to equity ratio has reduced from 142.3% to 44.6% over the past 5 years.

Debt Coverage: TOASO's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: TOASO earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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