Desa Deri Sanayi ve Ticaret Balance Sheet Health
Financial Health criteria checks 6/6
Desa Deri Sanayi ve Ticaret has a total shareholder equity of TRY1.6B and total debt of TRY119.0M, which brings its debt-to-equity ratio to 7.3%. Its total assets and total liabilities are TRY2.6B and TRY966.0M respectively. Desa Deri Sanayi ve Ticaret's EBIT is TRY616.7M making its interest coverage ratio -27.3. It has cash and short-term investments of TRY816.4M.
Key information
7.3%
Debt to equity ratio
₺118.98m
Debt
Interest coverage ratio | -27.3x |
Cash | ₺816.42m |
Equity | ₺1.62b |
Total liabilities | ₺965.96m |
Total assets | ₺2.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DESA's short term assets (TRY1.7B) exceed its short term liabilities (TRY825.3M).
Long Term Liabilities: DESA's short term assets (TRY1.7B) exceed its long term liabilities (TRY140.7M).
Debt to Equity History and Analysis
Debt Level: DESA has more cash than its total debt.
Reducing Debt: DESA's debt to equity ratio has reduced from 85.9% to 7.3% over the past 5 years.
Debt Coverage: DESA's debt is well covered by operating cash flow (494.4%).
Interest Coverage: DESA earns more interest than it pays, so coverage of interest payments is not a concern.