Batisöke Söke Çimento Sanayii T.A.S Balance Sheet Health
Financial Health criteria checks 4/6
Batisöke Söke Çimento Sanayii T.A.S has a total shareholder equity of TRY6.6B and total debt of TRY2.6B, which brings its debt-to-equity ratio to 39.9%. Its total assets and total liabilities are TRY11.7B and TRY5.1B respectively. Batisöke Söke Çimento Sanayii T.A.S's EBIT is TRY223.7M making its interest coverage ratio -0.3. It has cash and short-term investments of TRY38.1M.
Key information
39.9%
Debt to equity ratio
₺2.65b
Debt
| Interest coverage ratio | -0.3x |
| Cash | ₺38.12m |
| Equity | ₺6.63b |
| Total liabilities | ₺5.09b |
| Total assets | ₺11.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BSOKE's short term assets (TRY2.0B) do not cover its short term liabilities (TRY3.2B).
Long Term Liabilities: BSOKE's short term assets (TRY2.0B) exceed its long term liabilities (TRY1.9B).
Debt to Equity History and Analysis
Debt Level: BSOKE's net debt to equity ratio (39.4%) is considered satisfactory.
Reducing Debt: BSOKE's debt to equity ratio has reduced from 220.6% to 39.9% over the past 5 years.
Debt Coverage: BSOKE's debt is not well covered by operating cash flow (1.4%).
Interest Coverage: BSOKE earns more interest than it pays, so coverage of interest payments is not a concern.