Aksa Akrilik Kimya Sanayii Balance Sheet Health
Financial Health criteria checks 5/6
Aksa Akrilik Kimya Sanayii has a total shareholder equity of TRY22.1B and total debt of TRY6.0B, which brings its debt-to-equity ratio to 27.4%. Its total assets and total liabilities are TRY32.5B and TRY10.4B respectively. Aksa Akrilik Kimya Sanayii's EBIT is TRY2.4B making its interest coverage ratio 32.9. It has cash and short-term investments of TRY1.8B.
Key information
27.4%
Debt to equity ratio
₺6.04b
Debt
| Interest coverage ratio | 32.9x |
| Cash | ₺1.79b |
| Equity | ₺22.09b |
| Total liabilities | ₺10.37b |
| Total assets | ₺32.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AKSA's short term assets (TRY11.0B) exceed its short term liabilities (TRY9.7B).
Long Term Liabilities: AKSA's short term assets (TRY11.0B) exceed its long term liabilities (TRY714.9M).
Debt to Equity History and Analysis
Debt Level: AKSA's net debt to equity ratio (19.2%) is considered satisfactory.
Reducing Debt: AKSA's debt to equity ratio has reduced from 115.3% to 27.4% over the past 5 years.
Debt Coverage: AKSA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AKSA's interest payments on its debt are well covered by EBIT (32.9x coverage).