Ege Seramik Sanayi ve Ticaret Balance Sheet Health
Financial Health criteria checks 4/6
Ege Seramik Sanayi ve Ticaret has a total shareholder equity of TRY1.2B and total debt of TRY150.6M, which brings its debt-to-equity ratio to 12.4%. Its total assets and total liabilities are TRY2.0B and TRY788.2M respectively. Ege Seramik Sanayi ve Ticaret's EBIT is TRY196.6M making its interest coverage ratio 3.7. It has cash and short-term investments of TRY89.5M.
Key information
12.4%
Debt to equity ratio
₺150.56m
Debt
Interest coverage ratio | 3.7x |
Cash | ₺89.45m |
Equity | ₺1.22b |
Total liabilities | ₺788.19m |
Total assets | ₺2.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EGSER's short term assets (TRY1.5B) exceed its short term liabilities (TRY716.9M).
Long Term Liabilities: EGSER's short term assets (TRY1.5B) exceed its long term liabilities (TRY71.3M).
Debt to Equity History and Analysis
Debt Level: EGSER's net debt to equity ratio (5%) is considered satisfactory.
Reducing Debt: EGSER's debt to equity ratio has increased from 6.5% to 12.4% over the past 5 years.
Debt Coverage: EGSER's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: EGSER's interest payments on its debt are well covered by EBIT (3.7x coverage).