Adel Kalemcilik Ticaret ve Sanayi Balance Sheet Health
Financial Health criteria checks 3/6
Adel Kalemcilik Ticaret ve Sanayi has a total shareholder equity of TRY1.5B and total debt of TRY1.4B, which brings its debt-to-equity ratio to 92%. Its total assets and total liabilities are TRY3.5B and TRY2.0B respectively. Adel Kalemcilik Ticaret ve Sanayi's EBIT is TRY41.2M making its interest coverage ratio 0.2. It has cash and short-term investments of TRY370.2M.
Key information
92.0%
Debt to equity ratio
₺1.43b
Debt
| Interest coverage ratio | 0.2x |
| Cash | ₺370.19m |
| Equity | ₺1.55b |
| Total liabilities | ₺1.96b |
| Total assets | ₺3.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ADEL's short term assets (TRY2.5B) exceed its short term liabilities (TRY1.5B).
Long Term Liabilities: ADEL's short term assets (TRY2.5B) exceed its long term liabilities (TRY459.0M).
Debt to Equity History and Analysis
Debt Level: ADEL's net debt to equity ratio (68.1%) is considered high.
Reducing Debt: ADEL's debt to equity ratio has reduced from 177.9% to 92% over the past 5 years.
Debt Coverage: ADEL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ADEL's interest payments on its debt are not well covered by EBIT (0.2x coverage).