Çimsa Çimento Sanayi ve Ticaret Balance Sheet Health
Financial Health criteria checks 6/6
Çimsa Çimento Sanayi ve Ticaret has a total shareholder equity of TRY23.4B and total debt of TRY8.8B, which brings its debt-to-equity ratio to 37.4%. Its total assets and total liabilities are TRY38.4B and TRY15.0B respectively. Çimsa Çimento Sanayi ve Ticaret's EBIT is TRY2.5B making its interest coverage ratio 23.3. It has cash and short-term investments of TRY6.3B.
Key information
37.4%
Debt to equity ratio
₺8.76b
Debt
Interest coverage ratio | 23.3x |
Cash | ₺6.33b |
Equity | ₺23.43b |
Total liabilities | ₺14.95b |
Total assets | ₺38.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CIMSA's short term assets (TRY12.1B) exceed its short term liabilities (TRY8.9B).
Long Term Liabilities: CIMSA's short term assets (TRY12.1B) exceed its long term liabilities (TRY6.1B).
Debt to Equity History and Analysis
Debt Level: CIMSA's net debt to equity ratio (10.3%) is considered satisfactory.
Reducing Debt: CIMSA's debt to equity ratio has reduced from 103.5% to 37.4% over the past 5 years.
Debt Coverage: CIMSA's debt is well covered by operating cash flow (32.4%).
Interest Coverage: CIMSA's interest payments on its debt are well covered by EBIT (23.3x coverage).