Creditwest Faktoring Anonim Sirketi Balance Sheet Health
Financial Health criteria checks 3/6
Creditwest Faktoring Anonim Sirketi has a total shareholder equity of TRY491.9M and total debt of TRY715.8M, which brings its debt-to-equity ratio to 145.5%. Its total assets and total liabilities are TRY1.3B and TRY783.5M respectively. Creditwest Faktoring Anonim Sirketi's EBIT is TRY452.5M making its interest coverage ratio 1.6. It has cash and short-term investments of TRY32.9M.
Key information
145.5%
Debt to equity ratio
₺715.85m
Debt
Interest coverage ratio
1.6x
Cash
₺32.91m
Equity
₺491.92m
Total liabilities
₺783.50m
Total assets
₺1.28b
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CRDFA's short term assets (TRY1.1B) exceed its short term liabilities (TRY738.0M).
Long Term Liabilities: CRDFA's short term assets (TRY1.1B) exceed its long term liabilities (TRY45.5M).
Debt to Equity History and Analysis
Debt Level: CRDFA's net debt to equity ratio (138.8%) is considered high.
Reducing Debt: CRDFA's debt to equity ratio has reduced from 173.1% to 145.5% over the past 5 years.
Debt Coverage: CRDFA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CRDFA's interest payments on its debt are not well covered by EBIT (1.6x coverage).