Izmir Firça Sanayi ve Ticaret Anonim Sirketi Balance Sheet Health
Financial Health criteria checks 4/6
Izmir Firça Sanayi ve Ticaret Anonim Sirketi has a total shareholder equity of TRY165.7M and total debt of TRY64.9M, which brings its debt-to-equity ratio to 39.1%. Its total assets and total liabilities are TRY301.9M and TRY136.2M respectively. Izmir Firça Sanayi ve Ticaret Anonim Sirketi's EBIT is TRY41.4M making its interest coverage ratio 2.5. It has cash and short-term investments of TRY7.9M.
Key information
39.1%
Debt to equity ratio
₺64.86m
Debt
| Interest coverage ratio | 2.5x |
| Cash | ₺7.93m |
| Equity | ₺165.72m |
| Total liabilities | ₺136.23m |
| Total assets | ₺301.95m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IZFAS's short term assets (TRY190.2M) exceed its short term liabilities (TRY111.3M).
Long Term Liabilities: IZFAS's short term assets (TRY190.2M) exceed its long term liabilities (TRY24.9M).
Debt to Equity History and Analysis
Debt Level: IZFAS's net debt to equity ratio (34.4%) is considered satisfactory.
Reducing Debt: IZFAS's debt to equity ratio has reduced from 100.8% to 39.1% over the past 5 years.
Debt Coverage: IZFAS's debt is not well covered by operating cash flow (15.7%).
Interest Coverage: IZFAS's interest payments on its debt are not well covered by EBIT (2.5x coverage).