Say Yenilenebilir Enerji Ekipmanlari Sanayi ve Ticaret Balance Sheet Health
Financial Health criteria checks 6/6
Say Yenilenebilir Enerji Ekipmanlari Sanayi ve Ticaret has a total shareholder equity of TRY821.8M and total debt of TRY210.9M, which brings its debt-to-equity ratio to 25.7%. Its total assets and total liabilities are TRY1.3B and TRY499.9M respectively. Say Yenilenebilir Enerji Ekipmanlari Sanayi ve Ticaret's EBIT is TRY115.2M making its interest coverage ratio -92.1. It has cash and short-term investments of TRY282.9M.
Key information
25.7%
Debt to equity ratio
₺210.94m
Debt
| Interest coverage ratio | -92.1x |
| Cash | ₺282.92m |
| Equity | ₺821.81m |
| Total liabilities | ₺499.89m |
| Total assets | ₺1.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SAYAS's short term assets (TRY1.1B) exceed its short term liabilities (TRY362.1M).
Long Term Liabilities: SAYAS's short term assets (TRY1.1B) exceed its long term liabilities (TRY137.8M).
Debt to Equity History and Analysis
Debt Level: SAYAS has more cash than its total debt.
Reducing Debt: SAYAS's debt to equity ratio has reduced from 57.4% to 25.7% over the past 5 years.
Debt Coverage: SAYAS's debt is well covered by operating cash flow (142%).
Interest Coverage: SAYAS earns more interest than it pays, so coverage of interest payments is not a concern.