Otokar Otomotiv ve Savunma Sanayi Balance Sheet Health
Financial Health criteria checks 3/6
Otokar Otomotiv ve Savunma Sanayi has a total shareholder equity of TRY8.5B and total debt of TRY17.1B, which brings its debt-to-equity ratio to 202.4%. Its total assets and total liabilities are TRY34.3B and TRY25.8B respectively. Otokar Otomotiv ve Savunma Sanayi's EBIT is TRY1.8B making its interest coverage ratio 0.6. It has cash and short-term investments of TRY4.0B.
Key information
202.4%
Debt to equity ratio
₺17.14b
Debt
Interest coverage ratio | 0.6x |
Cash | ₺3.95b |
Equity | ₺8.47b |
Total liabilities | ₺25.85b |
Total assets | ₺34.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OTKAR's short term assets (TRY24.3B) exceed its short term liabilities (TRY18.8B).
Long Term Liabilities: OTKAR's short term assets (TRY24.3B) exceed its long term liabilities (TRY7.1B).
Debt to Equity History and Analysis
Debt Level: OTKAR's net debt to equity ratio (155.7%) is considered high.
Reducing Debt: OTKAR's debt to equity ratio has reduced from 319.5% to 202.4% over the past 5 years.
Debt Coverage: OTKAR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: OTKAR's interest payments on its debt are not well covered by EBIT (0.6x coverage).