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 TRY1.1B and total debt of TRY461.6M, which brings its debt-to-equity ratio to 40.5%. Its total assets and total liabilities are TRY1.9B and TRY776.2M respectively. Karsu Tekstil Sanayii ve Ticaret's EBIT is TRY183.9M making its interest coverage ratio 1.2. It has cash and short-term investments of TRY91.6M.
Key information
40.5%
Debt to equity ratio
₺461.58m
Debt
Interest coverage ratio | 1.2x |
Cash | ₺91.60m |
Equity | ₺1.14b |
Total liabilities | ₺776.19m |
Total assets | ₺1.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KRTEK's short term assets (TRY837.6M) exceed its short term liabilities (TRY553.9M).
Long Term Liabilities: KRTEK's short term assets (TRY837.6M) exceed its long term liabilities (TRY222.3M).
Debt to Equity History and Analysis
Debt Level: KRTEK's net debt to equity ratio (32.5%) is considered satisfactory.
Reducing Debt: KRTEK's debt to equity ratio has reduced from 339.4% to 40.5% over the past 5 years.
Debt Coverage: KRTEK's debt is well covered by operating cash flow (63.9%).
Interest Coverage: KRTEK's interest payments on its debt are not well covered by EBIT (1.2x coverage).