Rubenis Tekstil Sanayi Ticaret Balance Sheet Health
Financial Health criteria checks 4/6
Rubenis Tekstil Sanayi Ticaret has a total shareholder equity of TRY2.9B and total debt of TRY353.7M, which brings its debt-to-equity ratio to 12.1%. Its total assets and total liabilities are TRY3.6B and TRY661.8M respectively. Rubenis Tekstil Sanayi Ticaret's EBIT is TRY620.0M making its interest coverage ratio 4.9. It has cash and short-term investments of TRY4.9M.
Key information
12.1%
Debt to equity ratio
₺353.68m
Debt
| Interest coverage ratio | 4.9x |
| Cash | ₺4.92m |
| Equity | ₺2.92b |
| Total liabilities | ₺661.82m |
| Total assets | ₺3.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RUBNS's short term assets (TRY1.3B) exceed its short term liabilities (TRY435.2M).
Long Term Liabilities: RUBNS's short term assets (TRY1.3B) exceed its long term liabilities (TRY226.6M).
Debt to Equity History and Analysis
Debt Level: RUBNS's net debt to equity ratio (11.9%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if RUBNS's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: RUBNS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: RUBNS's interest payments on its debt are well covered by EBIT (4.9x coverage).