Çemtas Çelik Makina Sanayi ve Ticaret Balance Sheet Health
Financial Health criteria checks 4/6
Çemtas Çelik Makina Sanayi ve Ticaret has a total shareholder equity of TRY4.9B and total debt of TRY717.5M, which brings its debt-to-equity ratio to 14.7%. Its total assets and total liabilities are TRY5.9B and TRY1.0B respectively. Çemtas Çelik Makina Sanayi ve Ticaret's EBIT is TRY430.7M making its interest coverage ratio -2.2. It has cash and short-term investments of TRY1.4B.
Key information
14.7%
Debt to equity ratio
₺717.54m
Debt
| Interest coverage ratio | -2.2x |
| Cash | ₺1.45b |
| Equity | ₺4.90b |
| Total liabilities | ₺1.04b |
| Total assets | ₺5.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CEMTS's short term assets (TRY4.0B) exceed its short term liabilities (TRY572.6M).
Long Term Liabilities: CEMTS's short term assets (TRY4.0B) exceed its long term liabilities (TRY468.8M).
Debt to Equity History and Analysis
Debt Level: CEMTS has more cash than its total debt.
Reducing Debt: CEMTS's debt to equity ratio has increased from 5% to 14.7% over the past 5 years.
Debt Coverage: CEMTS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CEMTS earns more interest than it pays, so coverage of interest payments is not a concern.