Burçelik Bursa Çelik Döküm Sanayii Balance Sheet Health
Financial Health criteria checks 6/6
Burçelik Bursa Çelik Döküm Sanayii has a total shareholder equity of TRY905.9M and total debt of TRY13.7M, which brings its debt-to-equity ratio to 1.5%. Its total assets and total liabilities are TRY1.4B and TRY516.2M respectively. Burçelik Bursa Çelik Döküm Sanayii's EBIT is TRY150.1M making its interest coverage ratio 14.2. It has cash and short-term investments of TRY74.1M.
Key information
1.5%
Debt to equity ratio
₺13.73m
Debt
| Interest coverage ratio | 14.2x |
| Cash | ₺74.07m |
| Equity | ₺905.92m |
| Total liabilities | ₺516.23m |
| Total assets | ₺1.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BURCE's short term assets (TRY434.6M) exceed its short term liabilities (TRY337.2M).
Long Term Liabilities: BURCE's short term assets (TRY434.6M) exceed its long term liabilities (TRY179.0M).
Debt to Equity History and Analysis
Debt Level: BURCE has more cash than its total debt.
Reducing Debt: BURCE's debt to equity ratio has reduced from 111.4% to 1.5% over the past 5 years.
Debt Coverage: BURCE's debt is well covered by operating cash flow (1009.3%).
Interest Coverage: BURCE's interest payments on its debt are well covered by EBIT (14.2x coverage).