Akin Tekstil Anonim Sirketi Balance Sheet Health
Financial Health criteria checks 2/6
Akin Tekstil Anonim Sirketi has a total shareholder equity of TRY2.4B and total debt of TRY486.5M, which brings its debt-to-equity ratio to 20.6%. Its total assets and total liabilities are TRY3.7B and TRY1.4B respectively.
Key information
20.6%
Debt to equity ratio
₺486.46m
Debt
Interest coverage ratio | n/a |
Cash | ₺38.09m |
Equity | ₺2.36b |
Total liabilities | ₺1.38b |
Total assets | ₺3.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ATEKS's short term assets (TRY880.5M) do not cover its short term liabilities (TRY897.5M).
Long Term Liabilities: ATEKS's short term assets (TRY880.5M) exceed its long term liabilities (TRY483.7M).
Debt to Equity History and Analysis
Debt Level: ATEKS's net debt to equity ratio (19%) is considered satisfactory.
Reducing Debt: ATEKS's debt to equity ratio has increased from 6.4% to 20.6% over the past 5 years.
Debt Coverage: ATEKS's debt is not well covered by operating cash flow (8.3%).
Interest Coverage: Insufficient data to determine if ATEKS's interest payments on its debt are well covered by EBIT.