Hitit Bilgisayar Hizmetleri Balance Sheet Health
Financial Health criteria checks 5/6
Hitit Bilgisayar Hizmetleri has a total shareholder equity of TRY1.9B and total debt of TRY160.1M, which brings its debt-to-equity ratio to 8.3%. Its total assets and total liabilities are TRY2.4B and TRY475.4M respectively. Hitit Bilgisayar Hizmetleri's EBIT is TRY216.8M making its interest coverage ratio -3.8. It has cash and short-term investments of TRY459.2M.
Key information
8.3%
Debt to equity ratio
₺160.15m
Debt
| Interest coverage ratio | -3.8x |
| Cash | ₺459.19m |
| Equity | ₺1.94b |
| Total liabilities | ₺475.42m |
| Total assets | ₺2.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HTTBT's short term assets (TRY911.5M) exceed its short term liabilities (TRY350.1M).
Long Term Liabilities: HTTBT's short term assets (TRY911.5M) exceed its long term liabilities (TRY125.3M).
Debt to Equity History and Analysis
Debt Level: HTTBT has more cash than its total debt.
Reducing Debt: HTTBT's debt to equity ratio has increased from 1.1% to 8.3% over the past 5 years.
Debt Coverage: HTTBT's debt is well covered by operating cash flow (109%).
Interest Coverage: HTTBT earns more interest than it pays, so coverage of interest payments is not a concern.