Akin Tekstil Anonim Sirketi Balance Sheet Health
Financial Health criteria checks 5/6
Akin Tekstil Anonim Sirketi has a total shareholder equity of TRY3.0B and total debt of TRY382.6M, which brings its debt-to-equity ratio to 12.6%. Its total assets and total liabilities are TRY4.7B and TRY1.7B respectively.
Key information
12.6%
Debt to equity ratio
₺382.64m
Debt
| Interest coverage ratio | n/a |
| Cash | ₺31.35m |
| Equity | ₺3.03b |
| Total liabilities | ₺1.71b |
| Total assets | ₺4.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ATEKS's short term assets (TRY910.4M) exceed its short term liabilities (TRY826.0M).
Long Term Liabilities: ATEKS's short term assets (TRY910.4M) exceed its long term liabilities (TRY886.9M).
Debt to Equity History and Analysis
Debt Level: ATEKS's net debt to equity ratio (11.6%) is considered satisfactory.
Reducing Debt: ATEKS's debt to equity ratio has reduced from 12.7% to 12.6% over the past 5 years.
Debt Coverage: ATEKS's debt is well covered by operating cash flow (63.8%).
Interest Coverage: Insufficient data to determine if ATEKS's interest payments on its debt are well covered by EBIT.