Orçay Ortaköy Çay Sanayi ve Ticaret Anonim Sirketi Balance Sheet Health
Financial Health criteria checks 3/6
Orçay Ortaköy Çay Sanayi ve Ticaret Anonim Sirketi has a total shareholder equity of TRY353.5M and total debt of TRY285.4M, which brings its debt-to-equity ratio to 80.7%. Its total assets and total liabilities are TRY709.8M and TRY356.4M respectively. Orçay Ortaköy Çay Sanayi ve Ticaret Anonim Sirketi's EBIT is TRY121.1M making its interest coverage ratio 2.1. It has cash and short-term investments of TRY15.1M.
Key information
80.7%
Debt to equity ratio
₺285.39m
Debt
Interest coverage ratio | 2.1x |
Cash | ₺15.13m |
Equity | ₺353.48m |
Total liabilities | ₺356.36m |
Total assets | ₺709.84m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ORCAY's short term assets (TRY518.6M) exceed its short term liabilities (TRY288.3M).
Long Term Liabilities: ORCAY's short term assets (TRY518.6M) exceed its long term liabilities (TRY68.1M).
Debt to Equity History and Analysis
Debt Level: ORCAY's net debt to equity ratio (76.5%) is considered high.
Reducing Debt: Insufficient data to determine if ORCAY's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ORCAY's debt is well covered by operating cash flow (45.6%).
Interest Coverage: ORCAY's interest payments on its debt are not well covered by EBIT (2.1x coverage).