Say Yenilenebilir Enerji Ekipmanlari Sanayi ve Ticaret Balance Sheet Health
Financial Health criteria checks 5/6
Say Yenilenebilir Enerji Ekipmanlari Sanayi ve Ticaret has a total shareholder equity of TRY459.7M and total debt of TRY85.9M, which brings its debt-to-equity ratio to 18.7%. Its total assets and total liabilities are TRY645.1M and TRY185.4M respectively. Say Yenilenebilir Enerji Ekipmanlari Sanayi ve Ticaret's EBIT is TRY173.8M making its interest coverage ratio -2.3. It has cash and short-term investments of TRY235.2M.
Key information
18.7%
Debt to equity ratio
₺85.86m
Debt
| Interest coverage ratio | -2.3x |
| Cash | ₺235.21m |
| Equity | ₺459.75m |
| Total liabilities | ₺185.40m |
| Total assets | ₺645.15m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SAYAS's short term assets (TRY600.5M) exceed its short term liabilities (TRY127.5M).
Long Term Liabilities: SAYAS's short term assets (TRY600.5M) exceed its long term liabilities (TRY57.9M).
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 62.7% to 18.7% over the past 5 years.
Debt Coverage: SAYAS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SAYAS earns more interest than it pays, so coverage of interest payments is not a concern.