Rubenis Tekstil Sanayi Ticaret Balance Sheet Health
Financial Health criteria checks 5/6
Rubenis Tekstil Sanayi Ticaret has a total shareholder equity of TRY1.9B and total debt of TRY123.9M, which brings its debt-to-equity ratio to 6.4%. Its total assets and total liabilities are TRY2.4B and TRY502.0M respectively. Rubenis Tekstil Sanayi Ticaret's EBIT is TRY449.7M making its interest coverage ratio 9. It has cash and short-term investments of TRY1.9M.
Key information
6.4%
Debt to equity ratio
₺123.86m
Debt
Interest coverage ratio | 9x |
Cash | ₺1.90m |
Equity | ₺1.94b |
Total liabilities | ₺501.96m |
Total assets | ₺2.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RUBNS's short term assets (TRY817.8M) exceed its short term liabilities (TRY335.7M).
Long Term Liabilities: RUBNS's short term assets (TRY817.8M) exceed its long term liabilities (TRY166.3M).
Debt to Equity History and Analysis
Debt Level: RUBNS's net debt to equity ratio (6.3%) 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 debt is well covered by operating cash flow (509.6%).
Interest Coverage: RUBNS's interest payments on its debt are well covered by EBIT (9x coverage).