Kocaer Celik Sanayi ve Ticaret Anonim Sirketi Balance Sheet Health
Financial Health criteria checks 4/6
Kocaer Celik Sanayi ve Ticaret Anonim Sirketi has a total shareholder equity of TRY7.1B and total debt of TRY2.8B, which brings its debt-to-equity ratio to 40%. Its total assets and total liabilities are TRY12.2B and TRY5.1B respectively. Kocaer Celik Sanayi ve Ticaret Anonim Sirketi's EBIT is TRY1.9B making its interest coverage ratio -552.9. It has cash and short-term investments of TRY1.4B.
Key information
40.0%
Debt to equity ratio
₺2.83b
Debt
| Interest coverage ratio | -552.9x |
| Cash | ₺1.35b |
| Equity | ₺7.08b |
| Total liabilities | ₺5.12b |
| Total assets | ₺12.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KCAER's short term assets (TRY6.2B) exceed its short term liabilities (TRY4.3B).
Long Term Liabilities: KCAER's short term assets (TRY6.2B) exceed its long term liabilities (TRY833.3M).
Debt to Equity History and Analysis
Debt Level: KCAER's net debt to equity ratio (20.9%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if KCAER's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: KCAER's debt is not well covered by operating cash flow (19.5%).
Interest Coverage: KCAER earns more interest than it pays, so coverage of interest payments is not a concern.