Vakif Finansal Kiralama Balance Sheet Health
Financial Health criteria checks 3/6
Vakif Finansal Kiralama has a total shareholder equity of TRY5.2B and total debt of TRY25.0B, which brings its debt-to-equity ratio to 476.6%. Its total assets and total liabilities are TRY31.6B and TRY26.4B respectively.
Key information
476.6%
Debt to equity ratio
₺24.99b
Debt
| Interest coverage ratio | n/a |
| Cash | ₺5.37b |
| Equity | ₺5.24b |
| Total liabilities | ₺26.40b |
| Total assets | ₺31.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VAKFN's short term assets (TRY31.4B) exceed its short term liabilities (TRY17.2B).
Long Term Liabilities: VAKFN's short term assets (TRY31.4B) exceed its long term liabilities (TRY9.3B).
Debt to Equity History and Analysis
Debt Level: VAKFN's net debt to equity ratio (374.3%) is considered high.
Reducing Debt: VAKFN's debt to equity ratio has reduced from 954.6% to 476.6% over the past 5 years.
Debt Coverage: VAKFN's debt is not well covered by operating cash flow (0.3%).
Interest Coverage: Insufficient data to determine if VAKFN's interest payments on its debt are well covered by EBIT.