Ayes Celik Hasir Ve Cit Sanayi Balance Sheet Health
Financial Health criteria checks 3/6
Ayes Celik Hasir Ve Cit Sanayi has a total shareholder equity of TRY1.5B and total debt of TRY1.1B, which brings its debt-to-equity ratio to 76.7%. Its total assets and total liabilities are TRY3.0B and TRY1.5B respectively.
Key information
76.7%
Debt to equity ratio
₺1.12b
Debt
| Interest coverage ratio | n/a |
| Cash | ₺1.06b |
| Equity | ₺1.46b |
| Total liabilities | ₺1.52b |
| Total assets | ₺2.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AYES's short term assets (TRY1.6B) exceed its short term liabilities (TRY1.5B).
Long Term Liabilities: AYES's short term assets (TRY1.6B) exceed its long term liabilities (TRY47.0M).
Debt to Equity History and Analysis
Debt Level: AYES's net debt to equity ratio (4%) is considered satisfactory.
Reducing Debt: AYES's debt to equity ratio has increased from 46.8% to 76.7% over the past 5 years.
Debt Coverage: AYES's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if AYES's interest payments on its debt are well covered by EBIT.