Özerden Ambalaj Sanayi Balance Sheet Health
Financial Health criteria checks 6/6
Özerden Ambalaj Sanayi has a total shareholder equity of TRY309.4M and total debt of TRY3.0M, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are TRY369.0M and TRY59.5M respectively. Özerden Ambalaj Sanayi's EBIT is TRY25.1M making its interest coverage ratio -11.7. It has cash and short-term investments of TRY63.2M.
Key information
1.0%
Debt to equity ratio
₺3.04m
Debt
| Interest coverage ratio | -11.7x |
| Cash | ₺63.20m |
| Equity | ₺309.44m |
| Total liabilities | ₺59.51m |
| Total assets | ₺368.96m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OZRDN's short term assets (TRY237.8M) exceed its short term liabilities (TRY53.2M).
Long Term Liabilities: OZRDN's short term assets (TRY237.8M) exceed its long term liabilities (TRY6.3M).
Debt to Equity History and Analysis
Debt Level: OZRDN has more cash than its total debt.
Reducing Debt: OZRDN's debt to equity ratio has reduced from 107.8% to 1% over the past 5 years.
Debt Coverage: OZRDN's debt is well covered by operating cash flow (264.1%).
Interest Coverage: OZRDN earns more interest than it pays, so coverage of interest payments is not a concern.