Usak Seramik Sanayi Balance Sheet Health
Financial Health criteria checks 2/6
Usak Seramik Sanayi has a total shareholder equity of TRY3.0B and total debt of TRY1.5B, which brings its debt-to-equity ratio to 51.2%. Its total assets and total liabilities are TRY6.3B and TRY3.3B respectively. Usak Seramik Sanayi's EBIT is TRY173.3M making its interest coverage ratio 0.4. It has cash and short-term investments of TRY35.5M.
Key information
51.2%
Debt to equity ratio
₺1.54b
Debt
| Interest coverage ratio | 0.4x |
| Cash | ₺35.55m |
| Equity | ₺3.00b |
| Total liabilities | ₺3.33b |
| Total assets | ₺6.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: USAK's short term assets (TRY2.9B) do not cover its short term liabilities (TRY3.2B).
Long Term Liabilities: USAK's short term assets (TRY2.9B) exceed its long term liabilities (TRY134.8M).
Debt to Equity History and Analysis
Debt Level: USAK's net debt to equity ratio (50.1%) is considered high.
Reducing Debt: USAK's debt to equity ratio has reduced from 113.7% to 51.2% 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 (0.4x coverage).