Eregli Demir ve Çelik Fabrikalari T.A.S Balance Sheet Health
Financial Health criteria checks 4/6
Eregli Demir ve Çelik Fabrikalari T.A.S has a total shareholder equity of TRY191.5B and total debt of TRY67.4B, which brings its debt-to-equity ratio to 35.2%. Its total assets and total liabilities are TRY310.0B and TRY118.5B respectively. Eregli Demir ve Çelik Fabrikalari T.A.S's EBIT is TRY9.1B making its interest coverage ratio 4.2. It has cash and short-term investments of TRY25.8B.
Key information
35.2%
Debt to equity ratio
₺67.40b
Debt
| Interest coverage ratio | 4.2x |
| Cash | ₺25.81b |
| Equity | ₺191.53b |
| Total liabilities | ₺118.50b |
| Total assets | ₺310.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EREGL's short term assets (TRY134.5B) exceed its short term liabilities (TRY89.3B).
Long Term Liabilities: EREGL's short term assets (TRY134.5B) exceed its long term liabilities (TRY29.2B).
Debt to Equity History and Analysis
Debt Level: EREGL's net debt to equity ratio (21.7%) is considered satisfactory.
Reducing Debt: EREGL's debt to equity ratio has increased from 20.9% to 35.2% over the past 5 years.
Debt Coverage: EREGL's debt is not well covered by operating cash flow (19.4%).
Interest Coverage: EREGL's interest payments on its debt are well covered by EBIT (4.2x coverage).