Ipek Dogal Enerji Kaynaklari Arastirma ve Üretim Balance Sheet Health
Financial Health criteria checks 4/6
Ipek Dogal Enerji Kaynaklari Arastirma ve Üretim has a total shareholder equity of TRY15.0B and total debt of TRY373.5M, which brings its debt-to-equity ratio to 2.5%. Its total assets and total liabilities are TRY17.8B and TRY2.7B respectively. Ipek Dogal Enerji Kaynaklari Arastirma ve Üretim's EBIT is TRY1.4B making its interest coverage ratio -0.3. It has cash and short-term investments of TRY10.2B.
Key information
2.5%
Debt to equity ratio
₺373.50m
Debt
Interest coverage ratio | -0.3x |
Cash | ₺10.16b |
Equity | ₺15.03b |
Total liabilities | ₺2.75b |
Total assets | ₺17.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IPEKE's short term assets (TRY11.9B) exceed its short term liabilities (TRY2.0B).
Long Term Liabilities: IPEKE's short term assets (TRY11.9B) exceed its long term liabilities (TRY729.8M).
Debt to Equity History and Analysis
Debt Level: IPEKE has more cash than its total debt.
Reducing Debt: IPEKE's debt to equity ratio has increased from 0% to 2.5% over the past 5 years.
Debt Coverage: IPEKE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: IPEKE earns more interest than it pays, so coverage of interest payments is not a concern.