Reysas Tasimacilik ve Lojistik Ticaret Balance Sheet Health
Financial Health criteria checks 5/6
Reysas Tasimacilik ve Lojistik Ticaret has a total shareholder equity of TRY4.3B and total debt of TRY3.1B, which brings its debt-to-equity ratio to 71%. Its total assets and total liabilities are TRY9.9B and TRY5.6B respectively. Reysas Tasimacilik ve Lojistik Ticaret's EBIT is TRY2.8B making its interest coverage ratio 5.6. It has cash and short-term investments of TRY1.7B.
Key information
71.0%
Debt to equity ratio
₺3.07b
Debt
Interest coverage ratio | 5.6x |
Cash | ₺1.67b |
Equity | ₺4.33b |
Total liabilities | ₺5.56b |
Total assets | ₺9.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RYSAS's short term assets (TRY3.1B) do not cover its short term liabilities (TRY3.2B).
Long Term Liabilities: RYSAS's short term assets (TRY3.1B) exceed its long term liabilities (TRY2.4B).
Debt to Equity History and Analysis
Debt Level: RYSAS's net debt to equity ratio (32.5%) is considered satisfactory.
Reducing Debt: RYSAS's debt to equity ratio has reduced from 1841.4% to 71% over the past 5 years.
Debt Coverage: RYSAS's debt is well covered by operating cash flow (43.7%).
Interest Coverage: RYSAS's interest payments on its debt are well covered by EBIT (5.6x coverage).