Anel Elektrik Proje Taahhüt ve Ticaret Anonim Sirketi Balance Sheet Health
Financial Health criteria checks 2/6
Anel Elektrik Proje Taahhüt ve Ticaret Anonim Sirketi has a total shareholder equity of TRY2.6B and total debt of TRY1.7B, which brings its debt-to-equity ratio to 68.4%. Its total assets and total liabilities are TRY10.6B and TRY8.1B respectively.
Key information
68.4%
Debt to equity ratio
₺1.75b
Debt
| Interest coverage ratio | n/a |
| Cash | ₺105.60m |
| Equity | ₺2.55b |
| Total liabilities | ₺8.06b |
| Total assets | ₺10.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ANELE's short term assets (TRY7.4B) exceed its short term liabilities (TRY7.0B).
Long Term Liabilities: ANELE's short term assets (TRY7.4B) exceed its long term liabilities (TRY1.0B).
Debt to Equity History and Analysis
Debt Level: ANELE's net debt to equity ratio (64.2%) is considered high.
Reducing Debt: ANELE's debt to equity ratio has increased from 43.6% to 68.4% over the past 5 years.
Debt Coverage: ANELE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if ANELE's interest payments on its debt are well covered by EBIT.