Kardemir Karabük Demir Çelik Sanayi Ve Ticaret Balance Sheet Health
Financial Health criteria checks 4/6
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 TRY19.1M making its interest coverage ratio 0.6. It has cash and short-term investments of TRY1.7B.
Key information
3.8%
Debt to equity ratio
₺1.72b
Debt
| Interest coverage ratio | 0.6x |
| 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's interest payments on its debt are not well covered by EBIT (0.6x coverage).