Akçansa Çimento Sanayi ve Ticaret Anonim Sirketi Balance Sheet Health
Financial Health criteria checks 6/6
Akçansa Çimento Sanayi ve Ticaret Anonim Sirketi has a total shareholder equity of TRY13.8B and total debt of TRY1.8B, which brings its debt-to-equity ratio to 12.7%. Its total assets and total liabilities are TRY19.6B and TRY5.8B respectively. Akçansa Çimento Sanayi ve Ticaret Anonim Sirketi's EBIT is TRY3.2B making its interest coverage ratio 62.3. It has cash and short-term investments of TRY2.9B.
Key information
12.7%
Debt to equity ratio
₺1.75b
Debt
Interest coverage ratio | 62.3x |
Cash | ₺2.92b |
Equity | ₺13.80b |
Total liabilities | ₺5.81b |
Total assets | ₺19.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AKCNS's short term assets (TRY7.8B) exceed its short term liabilities (TRY5.4B).
Long Term Liabilities: AKCNS's short term assets (TRY7.8B) exceed its long term liabilities (TRY443.7M).
Debt to Equity History and Analysis
Debt Level: AKCNS has more cash than its total debt.
Reducing Debt: AKCNS's debt to equity ratio has reduced from 51% to 12.7% over the past 5 years.
Debt Coverage: AKCNS's debt is well covered by operating cash flow (146.7%).
Interest Coverage: AKCNS's interest payments on its debt are well covered by EBIT (62.3x coverage).