Sarkuysan Elektrolitik Bakir Sanayi ve Ticaret Balance Sheet Health
Financial Health criteria checks 4/6
Sarkuysan Elektrolitik Bakir Sanayi ve Ticaret has a total shareholder equity of TRY4.1B and total debt of TRY5.8B, which brings its debt-to-equity ratio to 141.4%. Its total assets and total liabilities are TRY13.2B and TRY9.1B respectively. Sarkuysan Elektrolitik Bakir Sanayi ve Ticaret's EBIT is TRY2.4B making its interest coverage ratio -10.9. It has cash and short-term investments of TRY1.2B.
Key information
141.4%
Debt to equity ratio
₺5.85b
Debt
| Interest coverage ratio | -10.9x |
| Cash | ₺1.21b |
| Equity | ₺4.14b |
| Total liabilities | ₺9.11b |
| Total assets | ₺13.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SARKY's short term assets (TRY11.3B) exceed its short term liabilities (TRY8.1B).
Long Term Liabilities: SARKY's short term assets (TRY11.3B) exceed its long term liabilities (TRY988.8M).
Debt to Equity History and Analysis
Debt Level: SARKY's net debt to equity ratio (112%) is considered high.
Reducing Debt: SARKY's debt to equity ratio has reduced from 195.7% to 141.4% over the past 5 years.
Debt Coverage: SARKY's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SARKY earns more interest than it pays, so coverage of interest payments is not a concern.