Alkim Kagit Sanayi ve Ticaret Balance Sheet Health
Financial Health criteria checks 6/6
Alkim Kagit Sanayi ve Ticaret has a total shareholder equity of TRY1.7B and total debt of TRY133.1M, which brings its debt-to-equity ratio to 8%. Its total assets and total liabilities are TRY2.4B and TRY768.3M respectively. Alkim Kagit Sanayi ve Ticaret's EBIT is TRY29.9M making its interest coverage ratio -1.3. It has cash and short-term investments of TRY315.9M.
Key information
8.0%
Debt to equity ratio
₺133.06m
Debt
| Interest coverage ratio | -1.3x |
| Cash | ₺315.91m |
| Equity | ₺1.66b |
| Total liabilities | ₺768.34m |
| Total assets | ₺2.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALKA's short term assets (TRY1.3B) exceed its short term liabilities (TRY567.1M).
Long Term Liabilities: ALKA's short term assets (TRY1.3B) exceed its long term liabilities (TRY201.3M).
Debt to Equity History and Analysis
Debt Level: ALKA has more cash than its total debt.
Reducing Debt: ALKA's debt to equity ratio has reduced from 42.3% to 8% over the past 5 years.
Debt Coverage: ALKA's debt is well covered by operating cash flow (582.3%).
Interest Coverage: ALKA earns more interest than it pays, so coverage of interest payments is not a concern.