Denge Yatirim Holding Balance Sheet Health
Financial Health criteria checks 3/6
Denge Yatirim Holding has a total shareholder equity of TRY1.5B and total debt of TRY444.2M, which brings its debt-to-equity ratio to 29.9%. Its total assets and total liabilities are TRY2.5B and TRY1.0B respectively. Denge Yatirim Holding's EBIT is TRY16.0M making its interest coverage ratio -0. It has cash and short-term investments of TRY151.5M.
Key information
29.9%
Debt to equity ratio
₺444.22m
Debt
Interest coverage ratio | -0.02x |
Cash | ₺151.47m |
Equity | ₺1.49b |
Total liabilities | ₺1.03b |
Total assets | ₺2.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DENGE's short term assets (TRY428.9M) exceed its short term liabilities (TRY320.6M).
Long Term Liabilities: DENGE's short term assets (TRY428.9M) do not cover its long term liabilities (TRY709.2M).
Debt to Equity History and Analysis
Debt Level: DENGE's net debt to equity ratio (19.7%) is considered satisfactory.
Reducing Debt: DENGE's debt to equity ratio has increased from 2.4% to 29.9% over the past 5 years.
Debt Coverage: DENGE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: DENGE earns more interest than it pays, so coverage of interest payments is not a concern.