Seyitler Kimya Sanayi Balance Sheet Health
Financial Health criteria checks 3/6
Seyitler Kimya Sanayi has a total shareholder equity of TRY397.3M and total debt of TRY14.8M, which brings its debt-to-equity ratio to 3.7%. Its total assets and total liabilities are TRY439.6M and TRY42.3M respectively. Seyitler Kimya Sanayi's EBIT is TRY4.8K making its interest coverage ratio 0. It has cash and short-term investments of TRY178.5M.
Key information
3.7%
Debt to equity ratio
₺14.82m
Debt
| Interest coverage ratio | 0.0002x |
| Cash | ₺178.49m |
| Equity | ₺397.35m |
| Total liabilities | ₺42.26m |
| Total assets | ₺439.61m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SEYKM's short term assets (TRY297.7M) exceed its short term liabilities (TRY30.6M).
Long Term Liabilities: SEYKM's short term assets (TRY297.7M) exceed its long term liabilities (TRY11.7M).
Debt to Equity History and Analysis
Debt Level: SEYKM has more cash than its total debt.
Reducing Debt: SEYKM's debt to equity ratio has increased from 0.08% to 3.7% over the past 5 years.
Debt Coverage: SEYKM's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SEYKM's interest payments on its debt are not well covered by EBIT (0x coverage).