Ard Grup Bilisim Teknolojileri Anonim Sirketi

IBSE:ARDYZ Stock Report

Market Cap: ₺5.9b

Ard Grup Bilisim Teknolojileri Anonim Sirketi Balance Sheet Health

Financial Health criteria checks 4/6

Ard Grup Bilisim Teknolojileri Anonim Sirketi has a total shareholder equity of TRY2.5B and total debt of TRY558.2M, which brings its debt-to-equity ratio to 22.7%. Its total assets and total liabilities are TRY3.5B and TRY992.7M respectively. Ard Grup Bilisim Teknolojileri Anonim Sirketi's EBIT is TRY805.3M making its interest coverage ratio 2.9. It has cash and short-term investments of TRY46.4M.

Key information

22.7%

Debt to equity ratio

₺558.21m

Debt

Interest coverage ratio2.9x
Cash₺46.39m
Equity₺2.46b
Total liabilities₺992.74m
Total assets₺3.45b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: ARDYZ's short term assets (TRY1.2B) exceed its short term liabilities (TRY710.5M).

Long Term Liabilities: ARDYZ's short term assets (TRY1.2B) exceed its long term liabilities (TRY282.2M).


Debt to Equity History and Analysis

Debt Level: ARDYZ's net debt to equity ratio (20.8%) is considered satisfactory.

Reducing Debt: ARDYZ's debt to equity ratio has increased from 14.4% to 22.7% over the past 5 years.

Debt Coverage: ARDYZ's debt is well covered by operating cash flow (109.9%).

Interest Coverage: ARDYZ's interest payments on its debt are not well covered by EBIT (2.9x coverage).


Balance Sheet


Discover healthy companies