Net Holding Balance Sheet Health
Financial Health criteria checks 4/6
Net Holding has a total shareholder equity of TRY17.7B and total debt of TRY3.8B, which brings its debt-to-equity ratio to 21.6%. Its total assets and total liabilities are TRY29.7B and TRY12.1B respectively. Net Holding's EBIT is TRY2.0B making its interest coverage ratio -0.7. It has cash and short-term investments of TRY1.9B.
Key information
21.6%
Debt to equity ratio
₺3.82b
Debt
| Interest coverage ratio | -0.7x |
| Cash | ₺1.88b |
| Equity | ₺17.67b |
| Total liabilities | ₺12.06b |
| Total assets | ₺29.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NTHOL's short term assets (TRY2.9B) do not cover its short term liabilities (TRY5.3B).
Long Term Liabilities: NTHOL's short term assets (TRY2.9B) do not cover its long term liabilities (TRY6.8B).
Debt to Equity History and Analysis
Debt Level: NTHOL's net debt to equity ratio (11%) is considered satisfactory.
Reducing Debt: NTHOL's debt to equity ratio has reduced from 57.1% to 21.6% over the past 5 years.
Debt Coverage: NTHOL's debt is well covered by operating cash flow (86.9%).
Interest Coverage: NTHOL earns more interest than it pays, so coverage of interest payments is not a concern.