Ayes Celik Hasir Ve Cit Sanayi Balance Sheet Health
Financial Health criteria checks 4/6
Ayes Celik Hasir Ve Cit Sanayi has a total shareholder equity of TRY511.2M and total debt of TRY857.6M, which brings its debt-to-equity ratio to 167.8%. Its total assets and total liabilities are TRY1.8B and TRY1.3B respectively. Ayes Celik Hasir Ve Cit Sanayi's EBIT is TRY286.8M making its interest coverage ratio 9.1. It has cash and short-term investments of TRY745.2M.
Key information
167.8%
Debt to equity ratio
₺857.56m
Debt
Interest coverage ratio | 9.1x |
Cash | ₺745.21m |
Equity | ₺511.20m |
Total liabilities | ₺1.28b |
Total assets | ₺1.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AYES's short term assets (TRY1.4B) exceed its short term liabilities (TRY1.3B).
Long Term Liabilities: AYES's short term assets (TRY1.4B) exceed its long term liabilities (TRY5.4M).
Debt to Equity History and Analysis
Debt Level: AYES's net debt to equity ratio (22%) is considered satisfactory.
Reducing Debt: AYES's debt to equity ratio has increased from 47.8% to 167.8% over the past 5 years.
Debt Coverage: AYES's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AYES's interest payments on its debt are well covered by EBIT (9.1x coverage).