Alkim Alkali Kimya Balance Sheet Health
Financial Health criteria checks 6/6
Alkim Alkali Kimya has a total shareholder equity of TRY2.7B and total debt of TRY92.5M, which brings its debt-to-equity ratio to 3.4%. Its total assets and total liabilities are TRY3.5B and TRY798.8M respectively. Alkim Alkali Kimya's EBIT is TRY521.9M making its interest coverage ratio -17.3. It has cash and short-term investments of TRY713.7M.
Key information
3.4%
Debt to equity ratio
₺92.53m
Debt
Interest coverage ratio | -17.3x |
Cash | ₺713.69m |
Equity | ₺2.75b |
Total liabilities | ₺798.84m |
Total assets | ₺3.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALKIM's short term assets (TRY2.0B) exceed its short term liabilities (TRY747.6M).
Long Term Liabilities: ALKIM's short term assets (TRY2.0B) exceed its long term liabilities (TRY51.2M).
Debt to Equity History and Analysis
Debt Level: ALKIM has more cash than its total debt.
Reducing Debt: ALKIM's debt to equity ratio has reduced from 14.5% to 3.4% over the past 5 years.
Debt Coverage: ALKIM's debt is well covered by operating cash flow (1017.5%).
Interest Coverage: ALKIM earns more interest than it pays, so coverage of interest payments is not a concern.