Afyon Çimento Sanayi Türk Anonim Sirketi Balance Sheet Health
Financial Health criteria checks 6/6
Afyon Çimento Sanayi Türk Anonim Sirketi has a total shareholder equity of TRY4.0B and total debt of TRY40.0M, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are TRY4.7B and TRY686.1M respectively. Afyon Çimento Sanayi Türk Anonim Sirketi's EBIT is TRY536.7M making its interest coverage ratio -9.5. It has cash and short-term investments of TRY338.8M.
Key information
1.0%
Debt to equity ratio
₺40.00m
Debt
Interest coverage ratio | -9.5x |
Cash | ₺338.78m |
Equity | ₺3.97b |
Total liabilities | ₺686.10m |
Total assets | ₺4.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AFYON's short term assets (TRY1.3B) exceed its short term liabilities (TRY642.8M).
Long Term Liabilities: AFYON's short term assets (TRY1.3B) exceed its long term liabilities (TRY43.3M).
Debt to Equity History and Analysis
Debt Level: AFYON has more cash than its total debt.
Reducing Debt: AFYON's debt to equity ratio has reduced from 173.5% to 1% over the past 5 years.
Debt Coverage: AFYON's debt is well covered by operating cash flow (829.9%).
Interest Coverage: AFYON earns more interest than it pays, so coverage of interest payments is not a concern.