Sasa Polyester Sanayi Balance Sheet Health
Financial Health criteria checks 1/6
Sasa Polyester Sanayi has a total shareholder equity of TRY108.9B and total debt of TRY96.0B, which brings its debt-to-equity ratio to 88.1%. Its total assets and total liabilities are TRY223.9B and TRY115.0B respectively. Sasa Polyester Sanayi's EBIT is TRY7.5B making its interest coverage ratio 1.2. It has cash and short-term investments of TRY2.2B.
Key information
88.1%
Debt to equity ratio
₺95.98b
Debt
| Interest coverage ratio | 1.2x |
| Cash | ₺2.24b |
| Equity | ₺108.88b |
| Total liabilities | ₺114.99b |
| Total assets | ₺223.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SASA's short term assets (TRY30.8B) do not cover its short term liabilities (TRY65.2B).
Long Term Liabilities: SASA's short term assets (TRY30.8B) do not cover its long term liabilities (TRY49.8B).
Debt to Equity History and Analysis
Debt Level: SASA's net debt to equity ratio (86.1%) is considered high.
Reducing Debt: SASA's debt to equity ratio has reduced from 145% to 88.1% over the past 5 years.
Debt Coverage: SASA's debt is not well covered by operating cash flow (6.7%).
Interest Coverage: SASA's interest payments on its debt are not well covered by EBIT (1.2x coverage).