Batiçim Bati Anadolu Çimento Sanayii Anonim Sirketi Balance Sheet Health
Financial Health criteria checks 6/6
Batiçim Bati Anadolu Çimento Sanayii Anonim Sirketi has a total shareholder equity of TRY15.9B and total debt of TRY5.1B, which brings its debt-to-equity ratio to 31.9%. Its total assets and total liabilities are TRY24.6B and TRY8.7B respectively. Batiçim Bati Anadolu Çimento Sanayii Anonim Sirketi's EBIT is TRY1.1B making its interest coverage ratio -3.4. It has cash and short-term investments of TRY1.1B.
Key information
31.9%
Debt to equity ratio
₺5.06b
Debt
| Interest coverage ratio | -3.4x |
| Cash | ₺1.12b |
| Equity | ₺15.86b |
| Total liabilities | ₺8.71b |
| Total assets | ₺24.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BTCIM's short term assets (TRY5.1B) exceed its short term liabilities (TRY4.2B).
Long Term Liabilities: BTCIM's short term assets (TRY5.1B) exceed its long term liabilities (TRY4.5B).
Debt to Equity History and Analysis
Debt Level: BTCIM's net debt to equity ratio (24.8%) is considered satisfactory.
Reducing Debt: BTCIM's debt to equity ratio has reduced from 141.8% to 31.9% over the past 5 years.
Debt Coverage: BTCIM's debt is well covered by operating cash flow (33.6%).
Interest Coverage: BTCIM earns more interest than it pays, so coverage of interest payments is not a concern.