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 TRY20.9B and total debt of TRY19.9B, which brings its debt-to-equity ratio to 95.1%. Its total assets and total liabilities are TRY44.1B and TRY23.2B respectively.
Key information
95.1%
Debt to equity ratio
₺19.89b
Debt
| Interest coverage ratio | n/a |
| Cash | ₺3.22b |
| Equity | ₺20.92b |
| Total liabilities | ₺23.22b |
| Total assets | ₺44.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IZMDC's short term assets (TRY13.1B) do not cover its short term liabilities (TRY19.7B).
Long Term Liabilities: IZMDC's short term assets (TRY13.1B) exceed its long term liabilities (TRY3.5B).
Debt to Equity History and Analysis
Debt Level: IZMDC's net debt to equity ratio (79.7%) is considered high.
Reducing Debt: IZMDC's debt to equity ratio has reduced from 393.7% to 95.1% over the past 5 years.
Debt Coverage: IZMDC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if IZMDC's interest payments on its debt are well covered by EBIT.