Erciyas Çelik Boru Sanayi Balance Sheet Health
Financial Health criteria checks 4/6
Erciyas Çelik Boru Sanayi has a total shareholder equity of TRY3.0B and total debt of TRY3.7B, which brings its debt-to-equity ratio to 123.9%. Its total assets and total liabilities are TRY9.8B and TRY6.8B respectively. Erciyas Çelik Boru Sanayi's EBIT is TRY666.4M making its interest coverage ratio 7.9. It has cash and short-term investments of TRY250.7M.
Key information
123.9%
Debt to equity ratio
₺3.70b
Debt
Interest coverage ratio | 7.9x |
Cash | ₺250.75m |
Equity | ₺2.99b |
Total liabilities | ₺6.78b |
Total assets | ₺9.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ERCB's short term assets (TRY6.0B) exceed its short term liabilities (TRY5.2B).
Long Term Liabilities: ERCB's short term assets (TRY6.0B) exceed its long term liabilities (TRY1.6B).
Debt to Equity History and Analysis
Debt Level: ERCB's net debt to equity ratio (115.5%) is considered high.
Reducing Debt: ERCB's debt to equity ratio has reduced from 126.6% to 123.9% over the past 5 years.
Debt Coverage: ERCB's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ERCB's interest payments on its debt are well covered by EBIT (7.9x coverage).