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 TRY3.1B making its interest coverage ratio 615. It has cash and short-term investments of TRY4.0B.
Key information
20.0%
Debt to equity ratio
₺3.64b
Debt
Interest coverage ratio | 615x |
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 (615x coverage).