Ihlas Holding Balance Sheet Health
Financial Health criteria checks 5/6
Ihlas Holding has a total shareholder equity of TRY5.2B and total debt of TRY47.2M, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are TRY11.3B and TRY6.1B respectively.
Key information
0.9%
Debt to equity ratio
₺47.19m
Debt
Interest coverage ratio | n/a |
Cash | ₺559.17m |
Equity | ₺5.20b |
Total liabilities | ₺6.11b |
Total assets | ₺11.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IHLAS's short term assets (TRY7.6B) exceed its short term liabilities (TRY1.5B).
Long Term Liabilities: IHLAS's short term assets (TRY7.6B) exceed its long term liabilities (TRY4.6B).
Debt to Equity History and Analysis
Debt Level: IHLAS has more cash than its total debt.
Reducing Debt: IHLAS's debt to equity ratio has reduced from 50.7% to 0.9% over the past 5 years.
Debt Coverage: IHLAS's debt is well covered by operating cash flow (157.6%).
Interest Coverage: Insufficient data to determine if IHLAS's interest payments on its debt are well covered by EBIT.