Burçelik Vana Sanayi ve Ticaret Balance Sheet Health
Financial Health criteria checks 4/6
Burçelik Vana Sanayi ve Ticaret has a total shareholder equity of TRY25.0M and total debt of TRY28.9M, which brings its debt-to-equity ratio to 115.6%. Its total assets and total liabilities are TRY89.7M and TRY64.7M respectively. Burçelik Vana Sanayi ve Ticaret's EBIT is TRY18.4M making its interest coverage ratio 3.5. It has cash and short-term investments of TRY4.7M.
Key information
115.6%
Debt to equity ratio
₺28.93m
Debt
| Interest coverage ratio | 3.5x |
| Cash | ₺4.66m |
| Equity | ₺25.03m |
| Total liabilities | ₺64.65m |
| Total assets | ₺89.68m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BURVA's short term assets (TRY74.6M) exceed its short term liabilities (TRY59.2M).
Long Term Liabilities: BURVA's short term assets (TRY74.6M) exceed its long term liabilities (TRY5.5M).
Debt to Equity History and Analysis
Debt Level: BURVA's net debt to equity ratio (97%) is considered high.
Reducing Debt: BURVA's debt to equity ratio has reduced from 167.2% to 115.6% over the past 5 years.
Debt Coverage: BURVA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: BURVA's interest payments on its debt are well covered by EBIT (3.5x coverage).