Karel Elektronik Sanayi Ve Ticaret Balance Sheet Health
Financial Health criteria checks 3/6
Karel Elektronik Sanayi Ve Ticaret has a total shareholder equity of TRY1.1B and total debt of TRY2.6B, which brings its debt-to-equity ratio to 232.6%. Its total assets and total liabilities are TRY5.8B and TRY4.7B respectively. Karel Elektronik Sanayi Ve Ticaret's EBIT is TRY808.8M making its interest coverage ratio 1.4. It has cash and short-term investments of TRY234.6M.
Key information
232.6%
Debt to equity ratio
₺2.62b
Debt
Interest coverage ratio | 1.4x |
Cash | ₺234.58m |
Equity | ₺1.13b |
Total liabilities | ₺4.67b |
Total assets | ₺5.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KAREL's short term assets (TRY4.4B) exceed its short term liabilities (TRY4.3B).
Long Term Liabilities: KAREL's short term assets (TRY4.4B) exceed its long term liabilities (TRY378.5M).
Debt to Equity History and Analysis
Debt Level: KAREL's net debt to equity ratio (211.8%) is considered high.
Reducing Debt: KAREL's debt to equity ratio has increased from 193.6% to 232.6% over the past 5 years.
Debt Coverage: KAREL's debt is well covered by operating cash flow (24.4%).
Interest Coverage: KAREL's interest payments on its debt are not well covered by EBIT (1.4x coverage).