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 TRY62.3B and total debt of TRY39.1B, which brings its debt-to-equity ratio to 62.7%. Its total assets and total liabilities are TRY118.9B and TRY56.6B respectively.
Key information
62.7%
Debt to equity ratio
₺39.07b
Debt
| Interest coverage ratio | n/a |
| Cash | ₺3.77b |
| Equity | ₺62.28b |
| Total liabilities | ₺56.62b |
| Total assets | ₺118.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PETKM's short term assets (TRY23.9B) do not cover its short term liabilities (TRY36.2B).
Long Term Liabilities: PETKM's short term assets (TRY23.9B) exceed its long term liabilities (TRY20.4B).
Debt to Equity History and Analysis
Debt Level: PETKM's net debt to equity ratio (56.7%) is considered high.
Reducing Debt: PETKM's debt to equity ratio has reduced from 157.3% to 62.7% over the past 5 years.
Debt Coverage: PETKM's debt is not well covered by operating cash flow (8.8%).
Interest Coverage: Insufficient data to determine if PETKM's interest payments on its debt are well covered by EBIT.