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 TRY11.6B and total debt of TRY0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are TRY15.6B and TRY3.9B respectively. Çimentas Izmir Çimento Fabrikasi Türk's EBIT is TRY1.3B making its interest coverage ratio -3.2. It has cash and short-term investments of TRY741.7M.
Key information
0%
Debt to equity ratio
₺0
Debt
Interest coverage ratio | -3.2x |
Cash | ₺741.73m |
Equity | ₺11.63b |
Total liabilities | ₺3.94b |
Total assets | ₺15.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CMENT's short term assets (TRY4.8B) exceed its short term liabilities (TRY2.5B).
Long Term Liabilities: CMENT's short term assets (TRY4.8B) exceed its long term liabilities (TRY1.4B).
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 8.9%.
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.