Çemtas Çelik Makina Sanayi ve Ticaret Balance Sheet Health
Financial Health criteria checks 6/6
Çemtas Çelik Makina Sanayi ve Ticaret has a total shareholder equity of TRY3.7B and total debt of TRY155.1M, which brings its debt-to-equity ratio to 4.2%. Its total assets and total liabilities are TRY4.2B and TRY558.7M respectively. Çemtas Çelik Makina Sanayi ve Ticaret's EBIT is TRY608.9M making its interest coverage ratio -4.9. It has cash and short-term investments of TRY703.2M.
Key information
4.2%
Debt to equity ratio
₺155.15m
Debt
Interest coverage ratio | -4.9x |
Cash | ₺703.23m |
Equity | ₺3.66b |
Total liabilities | ₺558.71m |
Total assets | ₺4.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CEMTS's short term assets (TRY2.8B) exceed its short term liabilities (TRY390.7M).
Long Term Liabilities: CEMTS's short term assets (TRY2.8B) exceed its long term liabilities (TRY168.0M).
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 reduced from 11.7% to 4.2% over the past 5 years.
Debt Coverage: CEMTS's debt is well covered by operating cash flow (347.8%).
Interest Coverage: CEMTS earns more interest than it pays, so coverage of interest payments is not a concern.