Bak Ambalaj Sanayi ve Ticaret Balance Sheet Health
Financial Health criteria checks 3/6
Bak Ambalaj Sanayi ve Ticaret has a total shareholder equity of TRY756.1M and total debt of TRY911.4M, which brings its debt-to-equity ratio to 120.5%. Its total assets and total liabilities are TRY2.5B and TRY1.7B respectively. Bak Ambalaj Sanayi ve Ticaret's EBIT is TRY287.3M making its interest coverage ratio 3.7. It has cash and short-term investments of TRY276.0M.
Key information
120.5%
Debt to equity ratio
₺911.45m
Debt
Interest coverage ratio | 3.7x |
Cash | ₺276.03m |
Equity | ₺756.09m |
Total liabilities | ₺1.70b |
Total assets | ₺2.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BAKAB's short term assets (TRY1.7B) exceed its short term liabilities (TRY1.1B).
Long Term Liabilities: BAKAB's short term assets (TRY1.7B) exceed its long term liabilities (TRY596.8M).
Debt to Equity History and Analysis
Debt Level: BAKAB's net debt to equity ratio (84%) is considered high.
Reducing Debt: BAKAB's debt to equity ratio has increased from 91.4% to 120.5% over the past 5 years.
Debt Coverage: BAKAB's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: BAKAB's interest payments on its debt are well covered by EBIT (3.7x coverage).