Iskenderun Demir ve Çelik Balance Sheet Health
Financial Health criteria checks 5/6
Iskenderun Demir ve Çelik has a total shareholder equity of TRY106.6B and total debt of TRY31.9B, which brings its debt-to-equity ratio to 29.9%. Its total assets and total liabilities are TRY161.4B and TRY54.9B respectively. Iskenderun Demir ve Çelik's EBIT is TRY9.3B making its interest coverage ratio 16.8. It has cash and short-term investments of TRY10.4B.
Key information
29.9%
Debt to equity ratio
₺31.85b
Debt
| Interest coverage ratio | 16.8x |
| Cash | ₺10.43b |
| Equity | ₺106.59b |
| Total liabilities | ₺54.85b |
| Total assets | ₺161.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ISDMR's short term assets (TRY61.4B) exceed its short term liabilities (TRY28.8B).
Long Term Liabilities: ISDMR's short term assets (TRY61.4B) exceed its long term liabilities (TRY26.1B).
Debt to Equity History and Analysis
Debt Level: ISDMR's net debt to equity ratio (20.1%) is considered satisfactory.
Reducing Debt: ISDMR's debt to equity ratio has increased from 9.2% to 29.9% over the past 5 years.
Debt Coverage: ISDMR's debt is well covered by operating cash flow (34.8%).
Interest Coverage: ISDMR's interest payments on its debt are well covered by EBIT (16.8x coverage).