Artemis Hali Anonim Sirketi Balance Sheet Health
Financial Health criteria checks 4/6
Artemis Hali Anonim Sirketi has a total shareholder equity of TRY336.8M and total debt of TRY330.0M, which brings its debt-to-equity ratio to 98%. Its total assets and total liabilities are TRY900.4M and TRY563.6M respectively. Artemis Hali Anonim Sirketi's EBIT is TRY182.5M making its interest coverage ratio 5. It has cash and short-term investments of TRY23.9M.
Key information
98.0%
Debt to equity ratio
₺329.98m
Debt
| Interest coverage ratio | 5x |
| Cash | ₺23.91m |
| Equity | ₺336.83m |
| Total liabilities | ₺563.55m |
| Total assets | ₺900.38m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ARTMS's short term assets (TRY667.0M) exceed its short term liabilities (TRY503.7M).
Long Term Liabilities: ARTMS's short term assets (TRY667.0M) exceed its long term liabilities (TRY59.8M).
Debt to Equity History and Analysis
Debt Level: ARTMS's net debt to equity ratio (90.9%) is considered high.
Reducing Debt: Insufficient data to determine if ARTMS's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ARTMS's debt is well covered by operating cash flow (45.5%).
Interest Coverage: ARTMS's interest payments on its debt are well covered by EBIT (5x coverage).