Aksa Akrilik Kimya Sanayii A.S.

IBSE:AKSA Stock Report

Market Cap: ₺39.5b

Aksa Akrilik Kimya Sanayii Balance Sheet Health

Financial Health criteria checks 6/6

Aksa Akrilik Kimya Sanayii has a total shareholder equity of TRY18.2B and total debt of TRY3.6B, which brings its debt-to-equity ratio to 20%. Its total assets and total liabilities are TRY28.9B and TRY10.7B respectively. Aksa Akrilik Kimya Sanayii's EBIT is TRY2.9B making its interest coverage ratio 26.8. It has cash and short-term investments of TRY4.0B.

Key information

20.0%

Debt to equity ratio

₺3.64b

Debt

Interest coverage ratio26.8x
Cash₺3.99b
Equity₺18.25b
Total liabilities₺10.67b
Total assets₺28.91b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: AKSA's short term assets (TRY11.5B) exceed its short term liabilities (TRY9.2B).

Long Term Liabilities: AKSA's short term assets (TRY11.5B) exceed its long term liabilities (TRY1.4B).


Debt to Equity History and Analysis

Debt Level: AKSA has more cash than its total debt.

Reducing Debt: AKSA's debt to equity ratio has reduced from 117.1% to 20% over the past 5 years.

Debt Coverage: AKSA's debt is well covered by operating cash flow (36.7%).

Interest Coverage: AKSA's interest payments on its debt are well covered by EBIT (26.8x coverage).


Balance Sheet


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