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 TRY14.6B and total debt of TRY0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are TRY18.9B and TRY4.3B respectively. Çimentas Izmir Çimento Fabrikasi Türk's EBIT is TRY767.5M making its interest coverage ratio -3.1. It has cash and short-term investments of TRY1.1B.
Key information
0%
Debt to equity ratio
₺0
Debt
| Interest coverage ratio | -3.1x |
| Cash | ₺1.08b |
| Equity | ₺14.64b |
| Total liabilities | ₺4.31b |
| Total assets | ₺18.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CMENT's short term assets (TRY5.9B) exceed its short term liabilities (TRY2.7B).
Long Term Liabilities: CMENT's short term assets (TRY5.9B) exceed its long term liabilities (TRY1.7B).
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 8.6%.
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.