Vestel Elektronik Sanayi ve Ticaret Anonim Sirketi Balance Sheet Health
Financial Health criteria checks 2/6
Vestel Elektronik Sanayi ve Ticaret Anonim Sirketi has a total shareholder equity of TRY46.5B and total debt of TRY35.9B, which brings its debt-to-equity ratio to 77.3%. Its total assets and total liabilities are TRY139.8B and TRY93.4B respectively. Vestel Elektronik Sanayi ve Ticaret Anonim Sirketi's EBIT is TRY6.6B making its interest coverage ratio 2.5. It has cash and short-term investments of TRY1.7B.
Key information
77.3%
Debt to equity ratio
₺35.93b
Debt
Interest coverage ratio | 2.5x |
Cash | ₺1.71b |
Equity | ₺46.47b |
Total liabilities | ₺93.37b |
Total assets | ₺139.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VESTL's short term assets (TRY50.8B) do not cover its short term liabilities (TRY85.8B).
Long Term Liabilities: VESTL's short term assets (TRY50.8B) exceed its long term liabilities (TRY7.5B).
Debt to Equity History and Analysis
Debt Level: VESTL's net debt to equity ratio (73.7%) is considered high.
Reducing Debt: VESTL's debt to equity ratio has reduced from 244.6% to 77.3% over the past 5 years.
Debt Coverage: VESTL's debt is not well covered by operating cash flow (9.6%).
Interest Coverage: VESTL's interest payments on its debt are not well covered by EBIT (2.5x coverage).