Kartonsan Karton Sanayi ve Ticaret Balance Sheet Health
Financial Health criteria checks 3/6
Kartonsan Karton Sanayi ve Ticaret has a total shareholder equity of TRY2.6B and total debt of TRY686.1M, which brings its debt-to-equity ratio to 26.3%. Its total assets and total liabilities are TRY4.2B and TRY1.6B respectively.
Key information
26.3%
Debt to equity ratio
₺686.09m
Debt
| Interest coverage ratio | n/a |
| Cash | ₺188.86m |
| Equity | ₺2.61b |
| Total liabilities | ₺1.64b |
| Total assets | ₺4.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KARTN's short term assets (TRY1.7B) exceed its short term liabilities (TRY1.5B).
Long Term Liabilities: KARTN's short term assets (TRY1.7B) exceed its long term liabilities (TRY115.6M).
Debt to Equity History and Analysis
Debt Level: KARTN's net debt to equity ratio (19.1%) is considered satisfactory.
Reducing Debt: KARTN's debt to equity ratio has increased from 0.2% to 26.3% over the past 5 years.
Debt Coverage: KARTN's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if KARTN's interest payments on its debt are well covered by EBIT.