Karsan Otomotiv Sanayii ve Ticaret Balance Sheet Health
Financial Health criteria checks 2/6
Karsan Otomotiv Sanayii ve Ticaret has a total shareholder equity of TRY2.3B and total debt of TRY3.6B, which brings its debt-to-equity ratio to 151.1%. Its total assets and total liabilities are TRY8.1B and TRY5.7B respectively. Karsan Otomotiv Sanayii ve Ticaret's EBIT is TRY956.4M making its interest coverage ratio 0.9. It has cash and short-term investments of TRY333.9M.
Key information
151.1%
Debt to equity ratio
₺3.55b
Debt
| Interest coverage ratio | 0.9x |
| Cash | ₺333.92m |
| Equity | ₺2.35b |
| Total liabilities | ₺5.71b |
| Total assets | ₺8.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KRSO.F's short term assets (TRY4.1B) do not cover its short term liabilities (TRY4.6B).
Long Term Liabilities: KRSO.F's short term assets (TRY4.1B) exceed its long term liabilities (TRY1.1B).
Debt to Equity History and Analysis
Debt Level: KRSO.F's net debt to equity ratio (136.9%) is considered high.
Reducing Debt: KRSO.F's debt to equity ratio has reduced from 581.8% to 151.1% over the past 5 years.
Debt Coverage: KRSO.F's debt is not well covered by operating cash flow (5.5%).
Interest Coverage: KRSO.F's interest payments on its debt are not well covered by EBIT (0.9x coverage).