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.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 07:05 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Hitit Bilgisayar Hizmetleri A.S. is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ece Mandaci Baysal | Unlu & Co. |
| Duygun Kutucu | Unlu & Co. |
| Zekai Ünal | Unlu & Co. |