Altinyag Madencilik ve Enerji Yatirimlari Sanayi ve Ticaret Balance Sheet Health
Financial Health criteria checks 6/6
Altinyag Madencilik ve Enerji Yatirimlari Sanayi ve Ticaret has a total shareholder equity of TRY581.0M and total debt of TRY0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are TRY651.3M and TRY70.3M respectively. Altinyag Madencilik ve Enerji Yatirimlari Sanayi ve Ticaret's EBIT is TRY46.7M making its interest coverage ratio -0.3. It has cash and short-term investments of TRY295.6M.
Key information
0%
Debt to equity ratio
₺0
Debt
Interest coverage ratio | -0.3x |
Cash | ₺295.59m |
Equity | ₺581.03m |
Total liabilities | ₺70.31m |
Total assets | ₺651.34m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALMAD's short term assets (TRY367.2M) exceed its short term liabilities (TRY35.3M).
Long Term Liabilities: ALMAD's short term assets (TRY367.2M) exceed its long term liabilities (TRY35.1M).
Debt to Equity History and Analysis
Debt Level: ALMAD is debt free.
Reducing Debt: ALMAD has no debt compared to 5 years ago when its debt to equity ratio was 166.7%.
Debt Coverage: ALMAD has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ALMAD has no debt, therefore coverage of interest payments is not a concern.