Turk Ilac Ve Serum Sanayi Anonim Sirketi Balance Sheet Health
Financial Health criteria checks 3/6
Turk Ilac Ve Serum Sanayi Anonim Sirketi has a total shareholder equity of TRY1.7B and total debt of TRY1.6B, which brings its debt-to-equity ratio to 90.8%. Its total assets and total liabilities are TRY3.5B and TRY1.8B respectively. Turk Ilac Ve Serum Sanayi Anonim Sirketi's EBIT is TRY453.4M making its interest coverage ratio 1.3. It has cash and short-term investments of TRY22.9M.
Key information
90.8%
Debt to equity ratio
₺1.58b
Debt
| Interest coverage ratio | 1.3x |
| Cash | ₺22.86m |
| Equity | ₺1.74b |
| Total liabilities | ₺1.79b |
| Total assets | ₺3.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TRILC's short term assets (TRY2.0B) exceed its short term liabilities (TRY804.1M).
Long Term Liabilities: TRILC's short term assets (TRY2.0B) exceed its long term liabilities (TRY988.5M).
Debt to Equity History and Analysis
Debt Level: TRILC's net debt to equity ratio (89.5%) is considered high.
Reducing Debt: TRILC's debt to equity ratio has reduced from 123.5% to 90.8% over the past 5 years.
Debt Coverage: TRILC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TRILC's interest payments on its debt are not well covered by EBIT (1.3x coverage).