Rainbow Polikarbonat Sanayi Ticaret Anonim Sirketi Balance Sheet Health
Financial Health criteria checks 3/6
Rainbow Polikarbonat Sanayi Ticaret Anonim Sirketi has a total shareholder equity of TRY798.3M and total debt of TRY450.9M, which brings its debt-to-equity ratio to 56.5%. Its total assets and total liabilities are TRY1.4B and TRY647.9M respectively. Rainbow Polikarbonat Sanayi Ticaret Anonim Sirketi's EBIT is TRY115.3M making its interest coverage ratio -5.1. It has cash and short-term investments of TRY131.5M.
Key information
56.5%
Debt to equity ratio
₺450.91m
Debt
| Interest coverage ratio | -5.1x |
| Cash | ₺131.52m |
| Equity | ₺798.34m |
| Total liabilities | ₺647.90m |
| Total assets | ₺1.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RNPOL's short term assets (TRY933.8M) exceed its short term liabilities (TRY443.5M).
Long Term Liabilities: RNPOL's short term assets (TRY933.8M) exceed its long term liabilities (TRY204.4M).
Debt to Equity History and Analysis
Debt Level: RNPOL's net debt to equity ratio (40%) is considered high.
Reducing Debt: Insufficient data to determine if RNPOL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: RNPOL's debt is not well covered by operating cash flow (1.1%).
Interest Coverage: RNPOL earns more interest than it pays, so coverage of interest payments is not a concern.