QUA Granite Hayal Yapi ve Ürünleri Sanayi Ticaret Balance Sheet Health
Financial Health criteria checks 3/6
QUA Granite Hayal Yapi ve Ürünleri Sanayi Ticaret has a total shareholder equity of TRY4.4B and total debt of TRY3.3B, which brings its debt-to-equity ratio to 76.6%. Its total assets and total liabilities are TRY9.8B and TRY5.5B respectively. QUA Granite Hayal Yapi ve Ürünleri Sanayi Ticaret's EBIT is TRY1.1B making its interest coverage ratio -2.7. It has cash and short-term investments of TRY1.6B.
Key information
76.6%
Debt to equity ratio
₺3.35b
Debt
Interest coverage ratio | -2.7x |
Cash | ₺1.56b |
Equity | ₺4.37b |
Total liabilities | ₺5.47b |
Total assets | ₺9.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QUAGR's short term assets (TRY7.0B) exceed its short term liabilities (TRY4.7B).
Long Term Liabilities: QUAGR's short term assets (TRY7.0B) exceed its long term liabilities (TRY770.5M).
Debt to Equity History and Analysis
Debt Level: QUAGR's net debt to equity ratio (40.9%) is considered high.
Reducing Debt: Insufficient data to determine if QUAGR's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: QUAGR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: QUAGR earns more interest than it pays, so coverage of interest payments is not a concern.