TAV Havalimanlari Holding Balance Sheet Health
Financial Health criteria checks 3/6
TAV Havalimanlari Holding has a total shareholder equity of TRY50.7B and total debt of TRY63.7B, which brings its debt-to-equity ratio to 125.6%. Its total assets and total liabilities are TRY166.4B and TRY115.6B respectively. TAV Havalimanlari Holding's EBIT is TRY8.2B making its interest coverage ratio 3.5. It has cash and short-term investments of TRY18.6B.
Key information
125.6%
Debt to equity ratio
₺63.70b
Debt
| Interest coverage ratio | 3.5x |
| Cash | ₺18.62b |
| Equity | ₺50.73b |
| Total liabilities | ₺115.65b |
| Total assets | ₺166.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5THA's short term assets (TRY32.7B) exceed its short term liabilities (TRY29.7B).
Long Term Liabilities: 5THA's short term assets (TRY32.7B) do not cover its long term liabilities (TRY86.0B).
Debt to Equity History and Analysis
Debt Level: 5THA's net debt to equity ratio (88.9%) is considered high.
Reducing Debt: 5THA's debt to equity ratio has reduced from 157.5% to 125.6% over the past 5 years.
Debt Coverage: 5THA's debt is not well covered by operating cash flow (6.9%).
Interest Coverage: 5THA's interest payments on its debt are well covered by EBIT (3.5x coverage).