Loras Holding Balance Sheet Health
Financial Health criteria checks 6/6
Loras Holding has a total shareholder equity of TRY5.3B and total debt of TRY324.4M, which brings its debt-to-equity ratio to 6.2%. Its total assets and total liabilities are TRY7.7B and TRY2.4B respectively. Loras Holding's EBIT is TRY414.7M making its interest coverage ratio -0.2. It has cash and short-term investments of TRY557.6M.
Key information
6.2%
Debt to equity ratio
₺324.43m
Debt
Interest coverage ratio | -0.2x |
Cash | ₺557.64m |
Equity | ₺5.26b |
Total liabilities | ₺2.44b |
Total assets | ₺7.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LRSHO's short term assets (TRY2.8B) exceed its short term liabilities (TRY1.4B).
Long Term Liabilities: LRSHO's short term assets (TRY2.8B) exceed its long term liabilities (TRY1.1B).
Debt to Equity History and Analysis
Debt Level: LRSHO has more cash than its total debt.
Reducing Debt: LRSHO's debt to equity ratio has reduced from 129.2% to 6.2% over the past 5 years.
Debt Coverage: LRSHO's debt is well covered by operating cash flow (92.9%).
Interest Coverage: LRSHO earns more interest than it pays, so coverage of interest payments is not a concern.