Kardemir Karabük Demir Çelik Sanayi Ve Ticaret Balance Sheet Health
Financial Health criteria checks 5/6
Kardemir Karabük Demir Çelik Sanayi Ve Ticaret has a total shareholder equity of TRY45.1B and total debt of TRY1.7B, which brings its debt-to-equity ratio to 3.8%. Its total assets and total liabilities are TRY71.9B and TRY26.8B respectively. Kardemir Karabük Demir Çelik Sanayi Ve Ticaret's EBIT is TRY123.9M making its interest coverage ratio -0.5. It has cash and short-term investments of TRY1.7B.
Key information
3.8%
Debt to equity ratio
₺1.72b
Debt
| Interest coverage ratio | -0.5x |
| Cash | ₺1.74b |
| Equity | ₺45.11b |
| Total liabilities | ₺26.79b |
| Total assets | ₺71.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KRDMD's short term assets (TRY29.0B) exceed its short term liabilities (TRY21.4B).
Long Term Liabilities: KRDMD's short term assets (TRY29.0B) exceed its long term liabilities (TRY5.4B).
Debt to Equity History and Analysis
Debt Level: KRDMD has more cash than its total debt.
Reducing Debt: KRDMD's debt to equity ratio has reduced from 46.5% to 3.8% over the past 5 years.
Debt Coverage: KRDMD's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: KRDMD earns more interest than it pays, so coverage of interest payments is not a concern.