Vakif Finansal Kiralama Balance Sheet Health
Financial Health criteria checks 3/6
Vakif Finansal Kiralama has a total shareholder equity of TRY3.2B and total debt of TRY23.1B, which brings its debt-to-equity ratio to 718.8%. Its total assets and total liabilities are TRY27.7B and TRY24.5B respectively.
Key information
718.8%
Debt to equity ratio
₺23.08b
Debt
| Interest coverage ratio | n/a |
| Cash | ₺3.36b |
| Equity | ₺3.21b |
| Total liabilities | ₺24.49b |
| Total assets | ₺27.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VAKFN's short term assets (TRY23.9B) exceed its short term liabilities (TRY743.8M).
Long Term Liabilities: VAKFN's short term assets (TRY23.9B) exceed its long term liabilities (TRY23.7B).
Debt to Equity History and Analysis
Debt Level: VAKFN's net debt to equity ratio (614.2%) is considered high.
Reducing Debt: VAKFN's debt to equity ratio has reduced from 1115.4% to 718.8% over the past 5 years.
Debt Coverage: VAKFN's debt is not well covered by operating cash flow (2.7%).
Interest Coverage: Insufficient data to determine if VAKFN's interest payments on its debt are well covered by EBIT.