Naturelgaz Sanayi ve Ticaret Balance Sheet Health
Financial Health criteria checks 6/6
Naturelgaz Sanayi ve Ticaret has a total shareholder equity of TRY2.7B and total debt of TRY19.7M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are TRY3.2B and TRY500.6M respectively. Naturelgaz Sanayi ve Ticaret's EBIT is TRY372.2M making its interest coverage ratio -7.3. It has cash and short-term investments of TRY82.1M.
Key information
0.7%
Debt to equity ratio
₺19.73m
Debt
| Interest coverage ratio | -7.3x |
| Cash | ₺82.08m |
| Equity | ₺2.68b |
| Total liabilities | ₺500.58m |
| Total assets | ₺3.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NTGAZ's short term assets (TRY654.5M) exceed its short term liabilities (TRY335.9M).
Long Term Liabilities: NTGAZ's short term assets (TRY654.5M) exceed its long term liabilities (TRY164.7M).
Debt to Equity History and Analysis
Debt Level: NTGAZ has more cash than its total debt.
Reducing Debt: NTGAZ's debt to equity ratio has reduced from 81.5% to 0.7% over the past 5 years.
Debt Coverage: NTGAZ's debt is well covered by operating cash flow (2100.4%).
Interest Coverage: NTGAZ earns more interest than it pays, so coverage of interest payments is not a concern.