Özerden Ambalaj Sanayi Balance Sheet Health
Financial Health criteria checks 5/6
Özerden Ambalaj Sanayi has a total shareholder equity of TRY283.6M and total debt of TRY5.1M, which brings its debt-to-equity ratio to 1.8%. Its total assets and total liabilities are TRY348.7M and TRY65.1M respectively. Özerden Ambalaj Sanayi's EBIT is TRY34.4M making its interest coverage ratio 10.8. It has cash and short-term investments of TRY56.5M.
Key information
1.8%
Debt to equity ratio
₺5.13m
Debt
| Interest coverage ratio | 10.8x |
| Cash | ₺56.54m |
| Equity | ₺283.61m |
| Total liabilities | ₺65.12m |
| Total assets | ₺348.73m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OZRDN's short term assets (TRY225.2M) exceed its short term liabilities (TRY59.3M).
Long Term Liabilities: OZRDN's short term assets (TRY225.2M) exceed its long term liabilities (TRY5.8M).
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 58.3% to 1.8% over the past 5 years.
Debt Coverage: OZRDN's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: OZRDN's interest payments on its debt are well covered by EBIT (10.8x coverage).