Petrokent Turizm Balance Sheet Health
Financial Health criteria checks 6/6
Petrokent Turizm has a total shareholder equity of TRY439.7M and total debt of TRY1.2M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are TRY604.1M and TRY164.4M respectively. Petrokent Turizm's EBIT is TRY173.4M making its interest coverage ratio -21.2. It has cash and short-term investments of TRY151.0M.
Key information
0.3%
Debt to equity ratio
₺1.19m
Debt
Interest coverage ratio | -21.2x |
Cash | ₺151.01m |
Equity | ₺439.71m |
Total liabilities | ₺164.41m |
Total assets | ₺604.13m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PKENT's short term assets (TRY304.8M) exceed its short term liabilities (TRY139.5M).
Long Term Liabilities: PKENT's short term assets (TRY304.8M) exceed its long term liabilities (TRY25.0M).
Debt to Equity History and Analysis
Debt Level: PKENT has more cash than its total debt.
Reducing Debt: PKENT's debt to equity ratio has reduced from 41.4% to 0.3% over the past 5 years.
Debt Coverage: PKENT's debt is well covered by operating cash flow (14781.2%).
Interest Coverage: PKENT earns more interest than it pays, so coverage of interest payments is not a concern.