Ülker Bisküvi Sanayi Balance Sheet Health
Financial Health criteria checks 4/6
Ülker Bisküvi Sanayi has a total shareholder equity of TRY19.8B and total debt of TRY30.6B, which brings its debt-to-equity ratio to 154.3%. Its total assets and total liabilities are TRY61.6B and TRY41.8B respectively. Ülker Bisküvi Sanayi's EBIT is TRY9.3B making its interest coverage ratio -2.5. It has cash and short-term investments of TRY11.7B.
Key information
154.3%
Debt to equity ratio
₺30.56b
Debt
Interest coverage ratio | -2.5x |
Cash | ₺11.67b |
Equity | ₺19.80b |
Total liabilities | ₺41.79b |
Total assets | ₺61.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UELK.Y's short term assets (TRY37.0B) exceed its short term liabilities (TRY15.4B).
Long Term Liabilities: UELK.Y's short term assets (TRY37.0B) exceed its long term liabilities (TRY26.3B).
Debt to Equity History and Analysis
Debt Level: UELK.Y's net debt to equity ratio (95.4%) is considered high.
Reducing Debt: UELK.Y's debt to equity ratio has increased from 142.6% to 154.3% over the past 5 years.
Debt Coverage: UELK.Y's debt is well covered by operating cash flow (24.1%).
Interest Coverage: UELK.Y earns more interest than it pays, so coverage of interest payments is not a concern.