Bastas Baskent Cimento Sanayi ve Ticaret Balance Sheet Health
Financial Health criteria checks 5/6
Bastas Baskent Cimento Sanayi ve Ticaret has a total shareholder equity of TRY5.0B and total debt of TRY679.7M, which brings its debt-to-equity ratio to 13.6%. Its total assets and total liabilities are TRY6.9B and TRY2.0B respectively. Bastas Baskent Cimento Sanayi ve Ticaret's EBIT is TRY639.9M making its interest coverage ratio 3.2. It has cash and short-term investments of TRY266.7M.
Key information
13.6%
Debt to equity ratio
₺679.68m
Debt
| Interest coverage ratio | 3.2x |
| Cash | ₺266.74m |
| Equity | ₺4.98b |
| Total liabilities | ₺1.96b |
| Total assets | ₺6.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BASCM's short term assets (TRY2.7B) exceed its short term liabilities (TRY1.9B).
Long Term Liabilities: BASCM's short term assets (TRY2.7B) exceed its long term liabilities (TRY89.9M).
Debt to Equity History and Analysis
Debt Level: BASCM's net debt to equity ratio (8.3%) is considered satisfactory.
Reducing Debt: BASCM's debt to equity ratio has reduced from 25.2% to 13.6% over the past 5 years.
Debt Coverage: BASCM's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: BASCM's interest payments on its debt are well covered by EBIT (3.2x coverage).