Kardemir Karabük Demir Çelik Sanayi Ve Ticaret Balance Sheet Health
Financial Health criteria checks 6/6
Kardemir Karabük Demir Çelik Sanayi Ve Ticaret has a total shareholder equity of TRY48.3B and total debt of TRY4.5B, which brings its debt-to-equity ratio to 9.4%. Its total assets and total liabilities are TRY79.4B and TRY31.1B respectively. Kardemir Karabük Demir Çelik Sanayi Ve Ticaret's EBIT is TRY84.3M making its interest coverage ratio -1.6. It has cash and short-term investments of TRY3.6B.
Key information
9.4%
Debt to equity ratio
₺4.53b
Debt
| Interest coverage ratio | -1.6x |
| Cash | ₺3.56b |
| Equity | ₺48.32b |
| Total liabilities | ₺31.11b |
| Total assets | ₺79.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KRDMD's short term assets (TRY32.5B) exceed its short term liabilities (TRY25.1B).
Long Term Liabilities: KRDMD's short term assets (TRY32.5B) exceed its long term liabilities (TRY6.0B).
Debt to Equity History and Analysis
Debt Level: KRDMD's net debt to equity ratio (2%) is considered satisfactory.
Reducing Debt: KRDMD's debt to equity ratio has reduced from 45.6% to 9.4% over the past 5 years.
Debt Coverage: KRDMD's debt is well covered by operating cash flow (47.6%).
Interest Coverage: KRDMD earns more interest than it pays, so coverage of interest payments is not a concern.