Sasa Polyester Sanayi Balance Sheet Health
Financial Health criteria checks 1/6
Sasa Polyester Sanayi has a total shareholder equity of TRY86.6B and total debt of TRY74.2B, which brings its debt-to-equity ratio to 85.8%. Its total assets and total liabilities are TRY184.1B and TRY97.6B respectively. Sasa Polyester Sanayi's EBIT is TRY9.4B making its interest coverage ratio 1.4. It has cash and short-term investments of TRY6.5B.
Key information
85.8%
Debt to equity ratio
₺74.24b
Debt
| Interest coverage ratio | 1.4x |
| Cash | ₺6.53b |
| Equity | ₺86.56b |
| Total liabilities | ₺97.57b |
| Total assets | ₺184.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SASA's short term assets (TRY29.3B) do not cover its short term liabilities (TRY45.5B).
Long Term Liabilities: SASA's short term assets (TRY29.3B) do not cover its long term liabilities (TRY52.0B).
Debt to Equity History and Analysis
Debt Level: SASA's net debt to equity ratio (78.2%) is considered high.
Reducing Debt: SASA's debt to equity ratio has reduced from 118.8% to 85.8% over the past 5 years.
Debt Coverage: SASA's debt is not well covered by operating cash flow (8.2%).
Interest Coverage: SASA's interest payments on its debt are not well covered by EBIT (1.4x coverage).