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 TRY131.8M and total debt of TRY50.9M, which brings its debt-to-equity ratio to 38.6%. Its total assets and total liabilities are TRY238.6M and TRY106.8M respectively. Izmir Firça Sanayi ve Ticaret Anonim Sirketi's EBIT is TRY26.9M making its interest coverage ratio 3. It has cash and short-term investments of TRY2.2M.
Key information
38.6%
Debt to equity ratio
₺50.90m
Debt
Interest coverage ratio | 3x |
Cash | ₺2.19m |
Equity | ₺131.79m |
Total liabilities | ₺106.80m |
Total assets | ₺238.59m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IZFAS's short term assets (TRY153.9M) exceed its short term liabilities (TRY84.6M).
Long Term Liabilities: IZFAS's short term assets (TRY153.9M) exceed its long term liabilities (TRY22.2M).
Debt to Equity History and Analysis
Debt Level: IZFAS's net debt to equity ratio (37%) is considered satisfactory.
Reducing Debt: IZFAS's debt to equity ratio has reduced from 104.1% to 38.6% over the past 5 years.
Debt Coverage: IZFAS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: IZFAS's interest payments on its debt are not well covered by EBIT (3x coverage).