Deva Holding Balance Sheet Health
Financial Health criteria checks 4/6
Deva Holding has a total shareholder equity of TRY16.5B and total debt of TRY5.4B, which brings its debt-to-equity ratio to 32.7%. Its total assets and total liabilities are TRY24.5B and TRY7.9B respectively. Deva Holding's EBIT is TRY872.6M making its interest coverage ratio 0.8. It has cash and short-term investments of TRY3.5B.
Key information
32.7%
Debt to equity ratio
₺5.40b
Debt
Interest coverage ratio | 0.8x |
Cash | ₺3.45b |
Equity | ₺16.53b |
Total liabilities | ₺7.94b |
Total assets | ₺24.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DEVA's short term assets (TRY12.4B) exceed its short term liabilities (TRY7.3B).
Long Term Liabilities: DEVA's short term assets (TRY12.4B) exceed its long term liabilities (TRY658.5M).
Debt to Equity History and Analysis
Debt Level: DEVA's net debt to equity ratio (11.8%) is considered satisfactory.
Reducing Debt: DEVA's debt to equity ratio has reduced from 90.1% to 32.7% over the past 5 years.
Debt Coverage: DEVA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: DEVA's interest payments on its debt are not well covered by EBIT (0.8x coverage).