Creditwest Faktoring Anonim Sirketi Balance Sheet Health
Financial Health criteria checks 3/6
Creditwest Faktoring Anonim Sirketi has a total shareholder equity of TRY376.2M and total debt of TRY546.1M, which brings its debt-to-equity ratio to 145.2%. Its total assets and total liabilities are TRY955.9M and TRY579.7M respectively. Creditwest Faktoring Anonim Sirketi's EBIT is TRY239.7M making its interest coverage ratio 1.6. It has cash and short-term investments of TRY14.3M.
Key information
145.2%
Debt to equity ratio
₺546.06m
Debt
Interest coverage ratio | 1.6x |
Cash | ₺14.27m |
Equity | ₺376.20m |
Total liabilities | ₺579.66m |
Total assets | ₺955.86m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CRDFA's short term assets (TRY781.1M) exceed its short term liabilities (TRY565.1M).
Long Term Liabilities: CRDFA's short term assets (TRY781.1M) exceed its long term liabilities (TRY14.5M).
Debt to Equity History and Analysis
Debt Level: CRDFA's net debt to equity ratio (141.4%) is considered high.
Reducing Debt: CRDFA's debt to equity ratio has reduced from 201.2% to 145.2% over the past 5 years.
Debt Coverage: CRDFA's debt is not well covered by operating cash flow (8.9%).
Interest Coverage: CRDFA's interest payments on its debt are not well covered by EBIT (1.6x coverage).