Izmir Demir Çelik Sanayi Anonim Sirketi Balance Sheet Health
Financial Health criteria checks 2/6
Izmir Demir Çelik Sanayi Anonim Sirketi has a total shareholder equity of TRY4.7B and total debt of TRY11.8B, which brings its debt-to-equity ratio to 251.3%. Its total assets and total liabilities are TRY18.6B and TRY13.9B respectively. Izmir Demir Çelik Sanayi Anonim Sirketi's EBIT is TRY2.6B making its interest coverage ratio 11.1. It has cash and short-term investments of TRY2.3B.
Key information
251.3%
Debt to equity ratio
₺11.76b
Debt
| Interest coverage ratio | 11.1x |
| Cash | ₺2.25b |
| Equity | ₺4.68b |
| Total liabilities | ₺13.93b |
| Total assets | ₺18.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IZMDC's short term assets (TRY9.1B) do not cover its short term liabilities (TRY11.6B).
Long Term Liabilities: IZMDC's short term assets (TRY9.1B) exceed its long term liabilities (TRY2.3B).
Debt to Equity History and Analysis
Debt Level: IZMDC's net debt to equity ratio (203.1%) is considered high.
Reducing Debt: IZMDC's debt to equity ratio has reduced from 5390.6% to 251.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: IZMDC has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: IZMDC has less than a year of cash runway if free cash flow continues to reduce at historical rates of 31.5% each year