Çimentas Izmir Çimento Fabrikasi Türk Balance Sheet Health
Financial Health criteria checks 6/6
Çimentas Izmir Çimento Fabrikasi Türk has a total shareholder equity of TRY10.2B and total debt of TRY0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are TRY13.6B and TRY3.4B respectively. Çimentas Izmir Çimento Fabrikasi Türk's EBIT is TRY1.2B making its interest coverage ratio -3.3. It has cash and short-term investments of TRY1.5B.
Key information
0%
Debt to equity ratio
₺0
Debt
Interest coverage ratio | -3.3x |
Cash | ₺1.48b |
Equity | ₺10.15b |
Total liabilities | ₺3.40b |
Total assets | ₺13.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CMENT's short term assets (TRY4.4B) exceed its short term liabilities (TRY2.3B).
Long Term Liabilities: CMENT's short term assets (TRY4.4B) exceed its long term liabilities (TRY1.1B).
Debt to Equity History and Analysis
Debt Level: CMENT is debt free.
Reducing Debt: CMENT has no debt compared to 5 years ago when its debt to equity ratio was 7.6%.
Debt Coverage: CMENT has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CMENT has no debt, therefore coverage of interest payments is not a concern.