Egeplast Ege Plastik Ticaret ve Sanayi Anonim Sirketi Balance Sheet Health
Financial Health criteria checks 4/6
Egeplast Ege Plastik Ticaret ve Sanayi Anonim Sirketi has a total shareholder equity of TRY2.0B and total debt of TRY25.1M, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are TRY2.6B and TRY639.7M respectively. Egeplast Ege Plastik Ticaret ve Sanayi Anonim Sirketi's EBIT is TRY64.7M making its interest coverage ratio 1.6. It has cash and short-term investments of TRY10.9M.
Key information
1.3%
Debt to equity ratio
₺25.10m
Debt
Interest coverage ratio | 1.6x |
Cash | ₺10.88m |
Equity | ₺2.00b |
Total liabilities | ₺639.74m |
Total assets | ₺2.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EPLAS's short term assets (TRY531.1M) exceed its short term liabilities (TRY421.6M).
Long Term Liabilities: EPLAS's short term assets (TRY531.1M) exceed its long term liabilities (TRY218.1M).
Debt to Equity History and Analysis
Debt Level: EPLAS's net debt to equity ratio (0.7%) is considered satisfactory.
Reducing Debt: EPLAS's debt to equity ratio has reduced from 10.1% to 1.3% over the past 5 years.
Debt Coverage: EPLAS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: EPLAS's interest payments on its debt are not well covered by EBIT (1.6x coverage).