Vestel Beyaz Esya Sanayi ve Ticaret Balance Sheet Health
Financial Health criteria checks 3/6
Vestel Beyaz Esya Sanayi ve Ticaret has a total shareholder equity of TRY28.5B and total debt of TRY10.6B, which brings its debt-to-equity ratio to 37.2%. Its total assets and total liabilities are TRY66.5B and TRY38.0B respectively. Vestel Beyaz Esya Sanayi ve Ticaret's EBIT is TRY3.0B making its interest coverage ratio 1.1. It has cash and short-term investments of TRY222.0M.
Key information
37.2%
Debt to equity ratio
₺10.59b
Debt
| Interest coverage ratio | 1.1x |
| Cash | ₺222.00m |
| Equity | ₺28.50b |
| Total liabilities | ₺37.96b |
| Total assets | ₺66.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VESBE's short term assets (TRY32.3B) do not cover its short term liabilities (TRY33.2B).
Long Term Liabilities: VESBE's short term assets (TRY32.3B) exceed its long term liabilities (TRY4.7B).
Debt to Equity History and Analysis
Debt Level: VESBE's net debt to equity ratio (36.4%) is considered satisfactory.
Reducing Debt: VESBE's debt to equity ratio has reduced from 42.2% to 37.2% over the past 5 years.
Debt Coverage: VESBE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: VESBE's interest payments on its debt are not well covered by EBIT (1.1x coverage).