Iskenderun Demir ve Çelik Balance Sheet Health
Financial Health criteria checks 5/6
Iskenderun Demir ve Çelik has a total shareholder equity of TRY86.0B and total debt of TRY23.9B, which brings its debt-to-equity ratio to 27.7%. Its total assets and total liabilities are TRY135.6B and TRY49.6B respectively. Iskenderun Demir ve Çelik's EBIT is TRY6.0B making its interest coverage ratio 6.9. It has cash and short-term investments of TRY11.6B.
Key information
27.7%
Debt to equity ratio
₺23.87b
Debt
Interest coverage ratio | 6.9x |
Cash | ₺11.57b |
Equity | ₺86.00b |
Total liabilities | ₺49.57b |
Total assets | ₺135.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ISDMR's short term assets (TRY57.5B) exceed its short term liabilities (TRY37.7B).
Long Term Liabilities: ISDMR's short term assets (TRY57.5B) exceed its long term liabilities (TRY11.9B).
Debt to Equity History and Analysis
Debt Level: ISDMR's net debt to equity ratio (14.3%) is considered satisfactory.
Reducing Debt: ISDMR's debt to equity ratio has increased from 11.3% to 27.7% over the past 5 years.
Debt Coverage: ISDMR's debt is well covered by operating cash flow (57.9%).
Interest Coverage: ISDMR's interest payments on its debt are well covered by EBIT (6.9x coverage).