Bak Ambalaj Sanayi ve Ticaret Balance Sheet Health
Financial Health criteria checks 5/6
Bak Ambalaj Sanayi ve Ticaret has a total shareholder equity of TRY2.3B and total debt of TRY823.5M, which brings its debt-to-equity ratio to 35.8%. Its total assets and total liabilities are TRY4.6B and TRY2.3B respectively.
Key information
35.8%
Debt to equity ratio
₺823.48m
Debt
| Interest coverage ratio | n/a |
| Cash | ₺265.58m |
| Equity | ₺2.30b |
| Total liabilities | ₺2.33b |
| Total assets | ₺4.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BAKAB's short term assets (TRY2.1B) exceed its short term liabilities (TRY1.5B).
Long Term Liabilities: BAKAB's short term assets (TRY2.1B) exceed its long term liabilities (TRY797.7M).
Debt to Equity History and Analysis
Debt Level: BAKAB's net debt to equity ratio (24.3%) is considered satisfactory.
Reducing Debt: BAKAB's debt to equity ratio has reduced from 62.1% to 35.8% over the past 5 years.
Debt Coverage: BAKAB's debt is well covered by operating cash flow (89.2%).
Interest Coverage: Insufficient data to determine if BAKAB's interest payments on its debt are well covered by EBIT.