Tekfen Holding Anonim Sirketi Balance Sheet Health
Financial Health criteria checks 4/6
Tekfen Holding Anonim Sirketi has a total shareholder equity of TRY29.4B and total debt of TRY10.6B, which brings its debt-to-equity ratio to 36.1%. Its total assets and total liabilities are TRY60.0B and TRY30.6B respectively. Tekfen Holding Anonim Sirketi's EBIT is TRY208.6M making its interest coverage ratio 0.2. It has cash and short-term investments of TRY7.6B.
Key information
36.1%
Debt to equity ratio
₺10.61b
Debt
| Interest coverage ratio | 0.2x |
| Cash | ₺7.62b |
| Equity | ₺29.42b |
| Total liabilities | ₺30.62b |
| Total assets | ₺60.04b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TKFEN's short term assets (TRY26.6B) exceed its short term liabilities (TRY25.1B).
Long Term Liabilities: TKFEN's short term assets (TRY26.6B) exceed its long term liabilities (TRY5.5B).
Debt to Equity History and Analysis
Debt Level: TKFEN's net debt to equity ratio (10.1%) is considered satisfactory.
Reducing Debt: TKFEN's debt to equity ratio has increased from 14.2% to 36.1% over the past 5 years.
Debt Coverage: TKFEN's debt is well covered by operating cash flow (73.2%).
Interest Coverage: TKFEN's interest payments on its debt are not well covered by EBIT (0.2x coverage).