Derimod Konfeksiyon Ayakkabi Deri Sanayi ve Ticaret Balance Sheet Health
Financial Health criteria checks 5/6
Derimod Konfeksiyon Ayakkabi Deri Sanayi ve Ticaret has a total shareholder equity of TRY172.3M and total debt of TRY77.1M, which brings its debt-to-equity ratio to 44.7%. Its total assets and total liabilities are TRY918.2M and TRY745.9M respectively. Derimod Konfeksiyon Ayakkabi Deri Sanayi ve Ticaret's EBIT is TRY156.0M making its interest coverage ratio 1.9. It has cash and short-term investments of TRY110.8M.
Key information
44.7%
Debt to equity ratio
₺77.09m
Debt
Interest coverage ratio | 1.9x |
Cash | ₺110.82m |
Equity | ₺172.32m |
Total liabilities | ₺745.92m |
Total assets | ₺918.24m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DERIM's short term assets (TRY893.0M) exceed its short term liabilities (TRY717.0M).
Long Term Liabilities: DERIM's short term assets (TRY893.0M) exceed its long term liabilities (TRY28.9M).
Debt to Equity History and Analysis
Debt Level: DERIM has more cash than its total debt.
Reducing Debt: DERIM's debt to equity ratio has reduced from 258.3% to 44.7% over the past 5 years.
Debt Coverage: DERIM's debt is well covered by operating cash flow (39.1%).
Interest Coverage: DERIM's interest payments on its debt are not well covered by EBIT (1.9x coverage).