Hateks Hatay Tekstil Isletmeleri Balance Sheet Health
Financial Health criteria checks 2/6
Hateks Hatay Tekstil Isletmeleri has a total shareholder equity of TRY1.5B and total debt of TRY814.9M, which brings its debt-to-equity ratio to 54.6%. Its total assets and total liabilities are TRY2.8B and TRY1.3B respectively. Hateks Hatay Tekstil Isletmeleri's EBIT is TRY87.1M making its interest coverage ratio 0.5. It has cash and short-term investments of TRY80.1M.
Key information
54.6%
Debt to equity ratio
₺814.86m
Debt
| Interest coverage ratio | 0.5x |
| Cash | ₺80.13m |
| Equity | ₺1.49b |
| Total liabilities | ₺1.28b |
| Total assets | ₺2.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HATEK's short term assets (TRY1.0B) do not cover its short term liabilities (TRY1.1B).
Long Term Liabilities: HATEK's short term assets (TRY1.0B) exceed its long term liabilities (TRY218.0M).
Debt to Equity History and Analysis
Debt Level: HATEK's net debt to equity ratio (49.2%) is considered high.
Reducing Debt: HATEK's debt to equity ratio has increased from 32.9% to 54.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: HATEK has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if HATEK has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.