Diriteks Dirilis Tekstil Sanayi ve Ticaret Balance Sheet Health
Financial Health criteria checks 5/6
Diriteks Dirilis Tekstil Sanayi ve Ticaret has a total shareholder equity of TRY330.1M and total debt of TRY12.1M, which brings its debt-to-equity ratio to 3.7%. Its total assets and total liabilities are TRY359.1M and TRY28.9M respectively. Diriteks Dirilis Tekstil Sanayi ve Ticaret's EBIT is TRY23.0M making its interest coverage ratio -53.7. It has cash and short-term investments of TRY159.5K.
Key information
3.7%
Debt to equity ratio
₺12.11m
Debt
| Interest coverage ratio | -53.7x |
| Cash | ₺159.49k |
| Equity | ₺330.11m |
| Total liabilities | ₺28.95m |
| Total assets | ₺359.06m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DIRIT's short term assets (TRY46.9M) exceed its short term liabilities (TRY28.9M).
Long Term Liabilities: DIRIT's short term assets (TRY46.9M) exceed its long term liabilities (TRY84.7K).
Debt to Equity History and Analysis
Debt Level: DIRIT's net debt to equity ratio (3.6%) is considered satisfactory.
Reducing Debt: DIRIT's debt to equity ratio has reduced from 741.7% to 3.7% over the past 5 years.
Debt Coverage: DIRIT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: DIRIT earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 13:43 |
| End of Day Share Price | 2024/12/25 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Diriteks Dirilis Tekstil Sanayi ve Ticaret A.S. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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