Otto Holding Balance Sheet Health
Financial Health criteria checks 5/6
Otto Holding has a total shareholder equity of TRY201.1M and total debt of TRY32.6M, which brings its debt-to-equity ratio to 16.2%. Its total assets and total liabilities are TRY293.9M and TRY92.8M respectively. Otto Holding's EBIT is TRY68.7M making its interest coverage ratio -1.3. It has cash and short-term investments of TRY5.3M.
Key information
16.2%
Debt to equity ratio
₺32.58m
Debt
Interest coverage ratio | -1.3x |
Cash | ₺5.31m |
Equity | ₺201.10m |
Total liabilities | ₺92.84m |
Total assets | ₺293.94m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OTTO's short term assets (TRY119.4M) exceed its short term liabilities (TRY62.8M).
Long Term Liabilities: OTTO's short term assets (TRY119.4M) exceed its long term liabilities (TRY30.0M).
Debt to Equity History and Analysis
Debt Level: OTTO's net debt to equity ratio (13.6%) is considered satisfactory.
Reducing Debt: OTTO's debt to equity ratio has reduced from 90.9% to 16.2% over the past 5 years.
Debt Coverage: OTTO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: OTTO earns more interest than it pays, so coverage of interest payments is not a concern.