Tugçelik Alüminyum Ve Metal Mamulleri Sanayi Ve Ticaret Balance Sheet Health
Financial Health criteria checks 1/6
Tugçelik Alüminyum Ve Metal Mamulleri Sanayi Ve Ticaret has a total shareholder equity of TRY2.2B and total debt of TRY1.5B, which brings its debt-to-equity ratio to 66.7%. Its total assets and total liabilities are TRY4.3B and TRY2.1B respectively. Tugçelik Alüminyum Ve Metal Mamulleri Sanayi Ve Ticaret's EBIT is TRY16.9M making its interest coverage ratio 0.3. It has cash and short-term investments of TRY19.8M.
Key information
66.7%
Debt to equity ratio
₺1.47b
Debt
| Interest coverage ratio | 0.3x |
| Cash | ₺19.76m |
| Equity | ₺2.20b |
| Total liabilities | ₺2.07b |
| Total assets | ₺4.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TUCLK's short term assets (TRY1.2B) do not cover its short term liabilities (TRY1.2B).
Long Term Liabilities: TUCLK's short term assets (TRY1.2B) exceed its long term liabilities (TRY860.2M).
Debt to Equity History and Analysis
Debt Level: TUCLK's net debt to equity ratio (65.8%) is considered high.
Reducing Debt: TUCLK's debt to equity ratio has increased from 56.8% to 66.7% over the past 5 years.
Debt Coverage: TUCLK's debt is not well covered by operating cash flow (10.1%).
Interest Coverage: TUCLK's interest payments on its debt are not well covered by EBIT (0.3x coverage).