Tofas Türk Otomobil Fabrikasi Anonim Sirketi Balance Sheet Health
Financial Health criteria checks 5/6
Tofas Türk Otomobil Fabrikasi Anonim Sirketi has a total shareholder equity of TRY44.1B and total debt of TRY18.9B, which brings its debt-to-equity ratio to 42.8%. Its total assets and total liabilities are TRY86.6B and TRY42.5B respectively. Tofas Türk Otomobil Fabrikasi Anonim Sirketi's EBIT is TRY3.6B making its interest coverage ratio -0.6. It has cash and short-term investments of TRY20.7B.
Key information
42.8%
Debt to equity ratio
₺18.89b
Debt
| Interest coverage ratio | -0.6x |
| Cash | ₺20.70b |
| Equity | ₺44.12b |
| Total liabilities | ₺42.48b |
| Total assets | ₺86.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TOASO's short term assets (TRY58.5B) exceed its short term liabilities (TRY34.1B).
Long Term Liabilities: TOASO's short term assets (TRY58.5B) exceed its long term liabilities (TRY8.3B).
Debt to Equity History and Analysis
Debt Level: TOASO has more cash than its total debt.
Reducing Debt: TOASO's debt to equity ratio has reduced from 110.1% to 42.8% over the past 5 years.
Debt Coverage: TOASO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TOASO earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 06:45 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Tofas Türk Otomobil Fabrikasi Anonim Sirketi is covered by 33 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Zeynep Erman | Ata Invest |
| Cemal Demirtas | Ata Invest |
| Hanzade Kilickiran | Barclays |