Çelik Halat ve Tel Sanayii Balance Sheet Health
Financial Health criteria checks 0/6
Çelik Halat ve Tel Sanayii has a total shareholder equity of TRY-15.1M and total debt of TRY939.8M, which brings its debt-to-equity ratio to -6224.8%. Its total assets and total liabilities are TRY1.2B and TRY1.2B respectively. Çelik Halat ve Tel Sanayii's EBIT is TRY49.8M making its interest coverage ratio 0.6. It has cash and short-term investments of TRY30.1M.
Key information
-6,224.8%
Debt to equity ratio
₺939.85m
Debt
| Interest coverage ratio | 0.6x |
| Cash | ₺30.10m |
| Equity | -₺15.10m |
| Total liabilities | ₺1.20b |
| Total assets | ₺1.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CELHA has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: CELHA has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: CELHA has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: CELHA's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: CELHA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CELHA's interest payments on its debt are not well covered by EBIT (0.6x coverage).