Altinay Savunma Teknolojileri Anonim Sirketi Balance Sheet Health
Financial Health criteria checks 4/6
Altinay Savunma Teknolojileri Anonim Sirketi has a total shareholder equity of TRY3.5B and total debt of TRY595.4M, which brings its debt-to-equity ratio to 16.9%. Its total assets and total liabilities are TRY5.3B and TRY1.7B respectively. Altinay Savunma Teknolojileri Anonim Sirketi's EBIT is TRY711.1M making its interest coverage ratio -12. It has cash and short-term investments of TRY904.6M.
Key information
16.9%
Debt to equity ratio
₺595.39m
Debt
| Interest coverage ratio | -12x |
| Cash | ₺904.64m |
| Equity | ₺3.52b |
| Total liabilities | ₺1.74b |
| Total assets | ₺5.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALTNY's short term assets (TRY2.7B) exceed its short term liabilities (TRY1.3B).
Long Term Liabilities: ALTNY's short term assets (TRY2.7B) exceed its long term liabilities (TRY397.8M).
Debt to Equity History and Analysis
Debt Level: ALTNY has more cash than its total debt.
Reducing Debt: Insufficient data to determine if ALTNY's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ALTNY's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ALTNY earns more interest than it pays, so coverage of interest payments is not a concern.