Usak Seramik Sanayi Balance Sheet Health
Financial Health criteria checks 3/6
Usak Seramik Sanayi has a total shareholder equity of TRY2.8B and total debt of TRY1.3B, which brings its debt-to-equity ratio to 46.7%. Its total assets and total liabilities are TRY5.7B and TRY2.8B respectively. Usak Seramik Sanayi's EBIT is TRY89.5M making its interest coverage ratio 0.3. It has cash and short-term investments of TRY18.9M.
Key information
46.7%
Debt to equity ratio
₺1.32b
Debt
| Interest coverage ratio | 0.3x |
| Cash | ₺18.87m |
| Equity | ₺2.82b |
| Total liabilities | ₺2.84b |
| Total assets | ₺5.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: USAK's short term assets (TRY2.8B) exceed its short term liabilities (TRY2.7B).
Long Term Liabilities: USAK's short term assets (TRY2.8B) exceed its long term liabilities (TRY137.1M).
Debt to Equity History and Analysis
Debt Level: USAK's net debt to equity ratio (46%) is considered high.
Reducing Debt: USAK's debt to equity ratio has reduced from 101.2% to 46.7% over the past 5 years.
Debt Coverage: USAK's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: USAK's interest payments on its debt are not well covered by EBIT (0.3x coverage).