Vestel Elektronik Sanayi ve Ticaret Anonim Sirketi Balance Sheet Health
Financial Health criteria checks 3/6
Vestel Elektronik Sanayi ve Ticaret Anonim Sirketi has a total shareholder equity of TRY40.9B and total debt of TRY28.5B, which brings its debt-to-equity ratio to 69.8%. Its total assets and total liabilities are TRY125.2B and TRY84.3B respectively. Vestel Elektronik Sanayi ve Ticaret Anonim Sirketi's EBIT is TRY4.8B making its interest coverage ratio 1.8. It has cash and short-term investments of TRY2.3B.
Key information
69.8%
Debt to equity ratio
₺28.52b
Debt
Interest coverage ratio | 1.8x |
Cash | ₺2.29b |
Equity | ₺40.86b |
Total liabilities | ₺84.32b |
Total assets | ₺125.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VESTL's short term assets (TRY48.1B) do not cover its short term liabilities (TRY78.1B).
Long Term Liabilities: VESTL's short term assets (TRY48.1B) exceed its long term liabilities (TRY6.2B).
Debt to Equity History and Analysis
Debt Level: VESTL's net debt to equity ratio (64.2%) is considered high.
Reducing Debt: VESTL's debt to equity ratio has reduced from 217.5% to 69.8% over the past 5 years.
Debt Coverage: VESTL's debt is well covered by operating cash flow (24.8%).
Interest Coverage: VESTL's interest payments on its debt are not well covered by EBIT (1.8x coverage).