Alarko Carrier Sanayi ve Ticaret Balance Sheet Health
Financial Health criteria checks 3/6
Alarko Carrier Sanayi ve Ticaret has a total shareholder equity of TRY1.5B and total debt of TRY1.1B, which brings its debt-to-equity ratio to 72.9%. Its total assets and total liabilities are TRY3.9B and TRY2.4B respectively. Alarko Carrier Sanayi ve Ticaret's EBIT is TRY49.5M making its interest coverage ratio 7.5. It has cash and short-term investments of TRY430.5M.
Key information
72.9%
Debt to equity ratio
₺1.09b
Debt
Interest coverage ratio | 7.5x |
Cash | ₺430.49m |
Equity | ₺1.49b |
Total liabilities | ₺2.37b |
Total assets | ₺3.86b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALCAR's short term assets (TRY3.0B) exceed its short term liabilities (TRY2.1B).
Long Term Liabilities: ALCAR's short term assets (TRY3.0B) exceed its long term liabilities (TRY254.7M).
Debt to Equity History and Analysis
Debt Level: ALCAR's net debt to equity ratio (44%) is considered high.
Reducing Debt: ALCAR's debt to equity ratio has increased from 13.8% to 72.9% over the past 5 years.
Debt Coverage: ALCAR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ALCAR's interest payments on its debt are well covered by EBIT (7.5x coverage).