Emek Elektrik Endustrisi Anonim Sirketi Balance Sheet Health
Financial Health criteria checks 5/6
Emek Elektrik Endustrisi Anonim Sirketi has a total shareholder equity of TRY804.4M and total debt of TRY56.8M, which brings its debt-to-equity ratio to 7.1%. Its total assets and total liabilities are TRY1.5B and TRY697.6M respectively. Emek Elektrik Endustrisi Anonim Sirketi's EBIT is TRY22.4M making its interest coverage ratio -0.3. It has cash and short-term investments of TRY12.3M.
Key information
7.1%
Debt to equity ratio
₺56.80m
Debt
| Interest coverage ratio | -0.3x |
| Cash | ₺12.31m |
| Equity | ₺804.36m |
| Total liabilities | ₺697.64m |
| Total assets | ₺1.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EMKEL's short term assets (TRY821.5M) exceed its short term liabilities (TRY618.3M).
Long Term Liabilities: EMKEL's short term assets (TRY821.5M) exceed its long term liabilities (TRY79.3M).
Debt to Equity History and Analysis
Debt Level: EMKEL's net debt to equity ratio (5.5%) is considered satisfactory.
Reducing Debt: EMKEL's debt to equity ratio has reduced from 93.9% to 7.1% over the past 5 years.
Debt Coverage: EMKEL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: EMKEL earns more interest than it pays, so coverage of interest payments is not a concern.