Hektas Ticaret T.A.S Balance Sheet Health
Financial Health criteria checks 1/6
Hektas Ticaret T.A.S has a total shareholder equity of TRY8.1B and total debt of TRY14.2B, which brings its debt-to-equity ratio to 175.4%. Its total assets and total liabilities are TRY23.8B and TRY15.7B respectively.
Key information
175.4%
Debt to equity ratio
₺14.25b
Debt
Interest coverage ratio | n/a |
Cash | ₺3.68b |
Equity | ₺8.12b |
Total liabilities | ₺15.70b |
Total assets | ₺23.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HEKTS's short term assets (TRY13.0B) do not cover its short term liabilities (TRY14.4B).
Long Term Liabilities: HEKTS's short term assets (TRY13.0B) exceed its long term liabilities (TRY1.3B).
Debt to Equity History and Analysis
Debt Level: HEKTS's net debt to equity ratio (130.1%) is considered high.
Reducing Debt: HEKTS's debt to equity ratio has increased from 151% to 175.4% over the past 5 years.
Debt Coverage: HEKTS's debt is not well covered by operating cash flow (7.7%).
Interest Coverage: Insufficient data to determine if HEKTS's interest payments on its debt are well covered by EBIT.