Karsu Tekstil Sanayii ve Ticaret Balance Sheet Health
Financial Health criteria checks 5/6
Karsu Tekstil Sanayii ve Ticaret has a total shareholder equity of TRY1.3B and total debt of TRY870.2M, which brings its debt-to-equity ratio to 66.1%. Its total assets and total liabilities are TRY2.7B and TRY1.4B respectively.
Key information
66.1%
Debt to equity ratio
₺870.22m
Debt
| Interest coverage ratio | n/a |
| Cash | ₺404.78m |
| Equity | ₺1.32b |
| Total liabilities | ₺1.40b |
| Total assets | ₺2.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KRTEK's short term assets (TRY1.4B) exceed its short term liabilities (TRY1.0B).
Long Term Liabilities: KRTEK's short term assets (TRY1.4B) exceed its long term liabilities (TRY401.1M).
Debt to Equity History and Analysis
Debt Level: KRTEK's net debt to equity ratio (35.4%) is considered satisfactory.
Reducing Debt: KRTEK's debt to equity ratio has reduced from 367.1% to 66.1% over the past 5 years.
Debt Coverage: KRTEK's debt is well covered by operating cash flow (27.5%).
Interest Coverage: Insufficient data to determine if KRTEK's interest payments on its debt are well covered by EBIT.