Royal Hali Iplik Tekstil Mobilya Sanayi ve Ticaret Balance Sheet Health
Financial Health criteria checks 4/6
Royal Hali Iplik Tekstil Mobilya Sanayi ve Ticaret has a total shareholder equity of TRY159.8M and total debt of TRY511.8M, which brings its debt-to-equity ratio to 320.2%. Its total assets and total liabilities are TRY1.2B and TRY996.0M respectively.
Key information
320.2%
Debt to equity ratio
₺511.82m
Debt
| Interest coverage ratio | n/a |
| Cash | ₺40.24m |
| Equity | ₺159.83m |
| Total liabilities | ₺996.03m |
| Total assets | ₺1.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ROYAL's short term assets (TRY799.7M) exceed its short term liabilities (TRY500.3M).
Long Term Liabilities: ROYAL's short term assets (TRY799.7M) exceed its long term liabilities (TRY495.8M).
Debt to Equity History and Analysis
Debt Level: ROYAL's net debt to equity ratio (295.1%) is considered high.
Reducing Debt: ROYAL's debt to equity ratio has increased from 285.2% to 320.2% 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 ROYAL has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ROYAL is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 2.6% per year.