Tek-Art Insaat Ticaret Turizm Sanayi ve Yatirimlar Anonim Sirketi Balance Sheet Health
Financial Health criteria checks 2/6
Tek-Art Insaat Ticaret Turizm Sanayi ve Yatirimlar Anonim Sirketi has a total shareholder equity of TRY4.8B and total debt of TRY382.1M, which brings its debt-to-equity ratio to 8%. Its total assets and total liabilities are TRY6.3B and TRY1.6B respectively.
Key information
8.0%
Debt to equity ratio
₺382.08m
Debt
| Interest coverage ratio | n/a |
| Cash | ₺7.02m |
| Equity | ₺4.77b |
| Total liabilities | ₺1.55b |
| Total assets | ₺6.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TEKTU's short term assets (TRY85.7M) do not cover its short term liabilities (TRY419.3M).
Long Term Liabilities: TEKTU's short term assets (TRY85.7M) do not cover its long term liabilities (TRY1.1B).
Debt to Equity History and Analysis
Debt Level: TEKTU's net debt to equity ratio (7.9%) is considered satisfactory.
Reducing Debt: TEKTU's debt to equity ratio has reduced from 23.6% to 8% over the past 5 years.
Debt Coverage: TEKTU's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if TEKTU's interest payments on its debt are well covered by EBIT.