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 TRY18.3B and total debt of TRY2.7B, which brings its debt-to-equity ratio to 14.7%. Its total assets and total liabilities are TRY25.3B and TRY7.0B respectively. Akçansa Çimento Sanayi ve Ticaret Anonim Sirketi's EBIT is TRY1.4B making its interest coverage ratio 11.6. It has cash and short-term investments of TRY3.3B.
Key information
14.7%
Debt to equity ratio
₺2.69b
Debt
| Interest coverage ratio | 11.6x |
| Cash | ₺3.35b |
| Equity | ₺18.31b |
| Total liabilities | ₺6.99b |
| Total assets | ₺25.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AKCNS's short term assets (TRY9.8B) exceed its short term liabilities (TRY6.2B).
Long Term Liabilities: AKCNS's short term assets (TRY9.8B) exceed its long term liabilities (TRY801.4M).
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 46.3% to 14.7% over the past 5 years.
Debt Coverage: AKCNS's debt is well covered by operating cash flow (48.2%).
Interest Coverage: AKCNS's interest payments on its debt are well covered by EBIT (11.6x coverage).