Adel Kalemcilik Ticaret ve Sanayi Balance Sheet Health
Financial Health criteria checks 5/6
Adel Kalemcilik Ticaret ve Sanayi has a total shareholder equity of TRY1.1B and total debt of TRY1.0B, which brings its debt-to-equity ratio to 90.2%. Its total assets and total liabilities are TRY2.6B and TRY1.5B respectively. Adel Kalemcilik Ticaret ve Sanayi's EBIT is TRY341.0M making its interest coverage ratio 1.9. It has cash and short-term investments of TRY925.2M.
Key information
90.2%
Debt to equity ratio
₺1.00b
Debt
Interest coverage ratio | 1.9x |
Cash | ₺925.20m |
Equity | ₺1.11b |
Total liabilities | ₺1.52b |
Total assets | ₺2.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ADEL's short term assets (TRY1.8B) exceed its short term liabilities (TRY1.4B).
Long Term Liabilities: ADEL's short term assets (TRY1.8B) exceed its long term liabilities (TRY109.8M).
Debt to Equity History and Analysis
Debt Level: ADEL's net debt to equity ratio (6.9%) is considered satisfactory.
Reducing Debt: ADEL's debt to equity ratio has reduced from 108.8% to 90.2% over the past 5 years.
Debt Coverage: ADEL's debt is well covered by operating cash flow (24.3%).
Interest Coverage: ADEL's interest payments on its debt are not well covered by EBIT (1.9x coverage).