Petkim Petrokimya Holding Anonim Sirketi Balance Sheet Health
Financial Health criteria checks 2/6
Petkim Petrokimya Holding Anonim Sirketi has a total shareholder equity of TRY51.4B and total debt of TRY29.8B, which brings its debt-to-equity ratio to 58%. Its total assets and total liabilities are TRY95.8B and TRY44.4B respectively.
Key information
58.0%
Debt to equity ratio
₺29.79b
Debt
| Interest coverage ratio | n/a |
| Cash | ₺4.40b |
| Equity | ₺51.39b |
| Total liabilities | ₺44.40b |
| Total assets | ₺95.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PETKM's short term assets (TRY20.3B) do not cover its short term liabilities (TRY26.8B).
Long Term Liabilities: PETKM's short term assets (TRY20.3B) exceed its long term liabilities (TRY17.6B).
Debt to Equity History and Analysis
Debt Level: PETKM's net debt to equity ratio (49.4%) is considered high.
Reducing Debt: PETKM's debt to equity ratio has reduced from 177.2% to 58% over the past 5 years.
Debt Coverage: PETKM's debt is not well covered by operating cash flow (5.5%).
Interest Coverage: Insufficient data to determine if PETKM's interest payments on its debt are well covered by EBIT.