Ray Sigorta Anonim Sirketi Balance Sheet Health
Financial Health criteria checks 6/6
Ray Sigorta Anonim Sirketi has a total shareholder equity of TRY3.6B and total debt of TRY0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are TRY19.9B and TRY16.3B respectively.
Key information
0%
Debt to equity ratio
₺0
Debt
| Interest coverage ratio | n/a |
| Cash | ₺8.73b |
| Equity | ₺3.59b |
| Total liabilities | ₺16.31b |
| Total assets | ₺19.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RAYSG's short term assets (TRY17.3B) exceed its short term liabilities (TRY15.9B).
Long Term Liabilities: RAYSG's short term assets (TRY17.3B) exceed its long term liabilities (TRY384.9M).
Debt to Equity History and Analysis
Debt Level: RAYSG is debt free.
Reducing Debt: RAYSG has not had any debt for past 5 years.
Debt Coverage: RAYSG has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: RAYSG has no debt, therefore coverage of interest payments is not a concern.