Tek-Art Insaat Ticaret Turizm Sanayi ve Yatirimlar Anonim Sirketi Balance Sheet Health
Financial Health criteria checks 3/6
Tek-Art Insaat Ticaret Turizm Sanayi ve Yatirimlar Anonim Sirketi has a total shareholder equity of TRY2.0B and total debt of TRY295.0M, which brings its debt-to-equity ratio to 15.1%. Its total assets and total liabilities are TRY2.8B and TRY822.3M respectively.
Key information
15.1%
Debt to equity ratio
₺295.03m
Debt
Interest coverage ratio | n/a |
Cash | ₺29.41m |
Equity | ₺1.95b |
Total liabilities | ₺822.32m |
Total assets | ₺2.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TEKTU's short term assets (TRY123.3M) do not cover its short term liabilities (TRY316.6M).
Long Term Liabilities: TEKTU's short term assets (TRY123.3M) do not cover its long term liabilities (TRY505.7M).
Debt to Equity History and Analysis
Debt Level: TEKTU's net debt to equity ratio (13.6%) is considered satisfactory.
Reducing Debt: TEKTU's debt to equity ratio has reduced from 24.1% to 15.1% over the past 5 years.
Debt Coverage: TEKTU's debt is well covered by operating cash flow (88.9%).
Interest Coverage: Insufficient data to determine if TEKTU's interest payments on its debt are well covered by EBIT.