Aksa Akrilik Kimya Sanayii Balance Sheet Health
Financial Health criteria checks 6/6
Aksa Akrilik Kimya Sanayii has a total shareholder equity of TRY16.7B and total debt of TRY3.5B, which brings its debt-to-equity ratio to 21%. Its total assets and total liabilities are TRY25.0B and TRY8.3B respectively. Aksa Akrilik Kimya Sanayii's EBIT is TRY2.8B making its interest coverage ratio -139.4. It has cash and short-term investments of TRY3.5B.
Key information
21.0%
Debt to equity ratio
₺3.52b
Debt
Interest coverage ratio | -139.4x |
Cash | ₺3.45b |
Equity | ₺16.73b |
Total liabilities | ₺8.27b |
Total assets | ₺25.00b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AKSA's short term assets (TRY9.8B) exceed its short term liabilities (TRY6.9B).
Long Term Liabilities: AKSA's short term assets (TRY9.8B) exceed its long term liabilities (TRY1.4B).
Debt to Equity History and Analysis
Debt Level: AKSA's net debt to equity ratio (0.4%) is considered satisfactory.
Reducing Debt: AKSA's debt to equity ratio has reduced from 131.3% to 21% over the past 5 years.
Debt Coverage: AKSA's debt is well covered by operating cash flow (42.1%).
Interest Coverage: AKSA earns more interest than it pays, so coverage of interest payments is not a concern.