Alves Kablo Sanayi ve Ticaret Balance Sheet Health
Financial Health criteria checks 1/6
Alves Kablo Sanayi ve Ticaret has a total shareholder equity of TRY196.4M and total debt of TRY262.9M, which brings its debt-to-equity ratio to 133.9%. Its total assets and total liabilities are TRY774.0M and TRY577.7M respectively. Alves Kablo Sanayi ve Ticaret's EBIT is TRY97.2M making its interest coverage ratio 2.1. It has cash and short-term investments of TRY16.0M.
Key information
133.9%
Debt to equity ratio
₺262.89m
Debt
Interest coverage ratio | 2.1x |
Cash | ₺16.03m |
Equity | ₺196.37m |
Total liabilities | ₺577.67m |
Total assets | ₺774.04m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: ALVES's short term assets (TRY519.6M) do not cover its short term liabilities (TRY533.2M).
Long Term Liabilities: ALVES's short term assets (TRY519.6M) exceed its long term liabilities (TRY44.4M).
Debt to Equity History and Analysis
Debt Level: ALVES's net debt to equity ratio (125.7%) is considered high.
Reducing Debt: Insufficient data to determine if ALVES's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ALVES's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ALVES's interest payments on its debt are not well covered by EBIT (2.1x coverage).