Atakey Patates Gida Sanayi ve Ticaret Balance Sheet Health
Financial Health criteria checks 5/6
Atakey Patates Gida Sanayi ve Ticaret has a total shareholder equity of TRY3.1B and total debt of TRY629.4M, which brings its debt-to-equity ratio to 20.5%. Its total assets and total liabilities are TRY4.1B and TRY1.0B respectively. Atakey Patates Gida Sanayi ve Ticaret's EBIT is TRY536.0M making its interest coverage ratio -6.9. It has cash and short-term investments of TRY875.8M.
Key information
20.5%
Debt to equity ratio
₺629.41m
Debt
Interest coverage ratio | -6.9x |
Cash | ₺875.84m |
Equity | ₺3.07b |
Total liabilities | ₺1.02b |
Total assets | ₺4.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ATAKP's short term assets (TRY2.3B) exceed its short term liabilities (TRY931.3M).
Long Term Liabilities: ATAKP's short term assets (TRY2.3B) exceed its long term liabilities (TRY91.9M).
Debt to Equity History and Analysis
Debt Level: ATAKP has more cash than its total debt.
Reducing Debt: Insufficient data to determine if ATAKP's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ATAKP's debt is well covered by operating cash flow (49.9%).
Interest Coverage: ATAKP earns more interest than it pays, so coverage of interest payments is not a concern.