Otokar Otomotiv ve Savunma Sanayi Balance Sheet Health
Financial Health criteria checks 2/6
Otokar Otomotiv ve Savunma Sanayi has a total shareholder equity of TRY8.3B and total debt of TRY16.0B, which brings its debt-to-equity ratio to 192.5%. Its total assets and total liabilities are TRY32.5B and TRY24.2B respectively. Otokar Otomotiv ve Savunma Sanayi's EBIT is TRY1.5B making its interest coverage ratio 0.6. It has cash and short-term investments of TRY6.8B.
Key information
192.5%
Debt to equity ratio
₺15.98b
Debt
Interest coverage ratio | 0.6x |
Cash | ₺6.84b |
Equity | ₺8.30b |
Total liabilities | ₺24.18b |
Total assets | ₺32.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OTKAR's short term assets (TRY24.1B) exceed its short term liabilities (TRY20.9B).
Long Term Liabilities: OTKAR's short term assets (TRY24.1B) exceed its long term liabilities (TRY3.3B).
Debt to Equity History and Analysis
Debt Level: OTKAR's net debt to equity ratio (110.2%) is considered high.
Reducing Debt: OTKAR's debt to equity ratio has increased from 181.6% to 192.5% over the past 5 years.
Debt Coverage: OTKAR's debt is not well covered by operating cash flow (4.9%).
Interest Coverage: OTKAR's interest payments on its debt are not well covered by EBIT (0.6x coverage).