Ihlas Ev Aletleri Imalat Sanayi ve Ticaret Balance Sheet Health
Financial Health criteria checks 5/6
Ihlas Ev Aletleri Imalat Sanayi ve Ticaret has a total shareholder equity of TRY1.4B and total debt of TRY63.8M, which brings its debt-to-equity ratio to 4.7%. Its total assets and total liabilities are TRY1.9B and TRY576.6M respectively. Ihlas Ev Aletleri Imalat Sanayi ve Ticaret's EBIT is TRY103.0M making its interest coverage ratio -8. It has cash and short-term investments of TRY173.6M.
Key information
4.7%
Debt to equity ratio
₺63.77m
Debt
| Interest coverage ratio | -8x |
| Cash | ₺173.58m |
| Equity | ₺1.35b |
| Total liabilities | ₺576.58m |
| Total assets | ₺1.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IHEVA's short term assets (TRY1.1B) exceed its short term liabilities (TRY273.6M).
Long Term Liabilities: IHEVA's short term assets (TRY1.1B) exceed its long term liabilities (TRY303.0M).
Debt to Equity History and Analysis
Debt Level: IHEVA has more cash than its total debt.
Reducing Debt: IHEVA's debt to equity ratio has increased from 0.4% to 4.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable IHEVA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: IHEVA is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 0.5% per year.