Efor Cay Sanayi Ticaret Anonim Sirketi Balance Sheet Health
Financial Health criteria checks 3/6
Efor Cay Sanayi Ticaret Anonim Sirketi has a total shareholder equity of TRY2.4B and total debt of TRY2.0B, which brings its debt-to-equity ratio to 82.7%. Its total assets and total liabilities are TRY5.2B and TRY2.8B respectively. Efor Cay Sanayi Ticaret Anonim Sirketi's EBIT is TRY506.2M making its interest coverage ratio -7.7. It has cash and short-term investments of TRY72.7M.
Key information
82.7%
Debt to equity ratio
₺1.98b
Debt
| Interest coverage ratio | -7.7x |
| Cash | ₺72.74m |
| Equity | ₺2.39b |
| Total liabilities | ₺2.80b |
| Total assets | ₺5.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EFORC's short term assets (TRY2.6B) exceed its short term liabilities (TRY2.3B).
Long Term Liabilities: EFORC's short term assets (TRY2.6B) exceed its long term liabilities (TRY458.1M).
Debt to Equity History and Analysis
Debt Level: EFORC's net debt to equity ratio (79.6%) is considered high.
Reducing Debt: Insufficient data to determine if EFORC's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: EFORC's debt is not well covered by operating cash flow (1.8%).
Interest Coverage: EFORC earns more interest than it pays, so coverage of interest payments is not a concern.