Hektas Ticaret T.A.S Balance Sheet Health
Financial Health criteria checks 2/6
Hektas Ticaret T.A.S has a total shareholder equity of TRY7.8B and total debt of TRY14.2B, which brings its debt-to-equity ratio to 180.9%. Its total assets and total liabilities are TRY23.9B and TRY16.1B respectively.
Key information
180.9%
Debt to equity ratio
₺14.19b
Debt
| Interest coverage ratio | n/a |
| Cash | ₺4.15b |
| Equity | ₺7.85b |
| Total liabilities | ₺16.08b |
| Total assets | ₺23.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HEKTS's short term assets (TRY10.2B) do not cover its short term liabilities (TRY13.3B).
Long Term Liabilities: HEKTS's short term assets (TRY10.2B) exceed its long term liabilities (TRY2.7B).
Debt to Equity History and Analysis
Debt Level: HEKTS's net debt to equity ratio (128%) is considered high.
Reducing Debt: HEKTS's debt to equity ratio has increased from 172.6% to 180.9% over the past 5 years.
Debt Coverage: HEKTS's debt is well covered by operating cash flow (57.2%).
Interest Coverage: Insufficient data to determine if HEKTS's interest payments on its debt are well covered by EBIT.