Batiçim Bati Anadolu Çimento Sanayii Anonim Sirketi Balance Sheet Health
Financial Health criteria checks 2/6
Batiçim Bati Anadolu Çimento Sanayii Anonim Sirketi has a total shareholder equity of TRY726.9M and total debt of TRY4.3B, which brings its debt-to-equity ratio to 597.5%. Its total assets and total liabilities are TRY7.8B and TRY7.1B respectively. Batiçim Bati Anadolu Çimento Sanayii Anonim Sirketi's EBIT is TRY1.2B making its interest coverage ratio 1.3. It has cash and short-term investments of TRY151.0M.
Key information
597.5%
Debt to equity ratio
₺4.34b
Debt
Interest coverage ratio | 1.3x |
Cash | ₺151.02m |
Equity | ₺726.87m |
Total liabilities | ₺7.07b |
Total assets | ₺7.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BTCIM's short term assets (TRY2.9B) do not cover its short term liabilities (TRY3.3B).
Long Term Liabilities: BTCIM's short term assets (TRY2.9B) do not cover its long term liabilities (TRY3.8B).
Debt to Equity History and Analysis
Debt Level: BTCIM's net debt to equity ratio (576.8%) is considered high.
Reducing Debt: BTCIM's debt to equity ratio has increased from 138.2% to 597.5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable BTCIM has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: BTCIM is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 59.7% per year.