Arena Bilgisayar Sanayi ve Ticaret Balance Sheet Health
Financial Health criteria checks 2/6
Arena Bilgisayar Sanayi ve Ticaret has a total shareholder equity of TRY1.5B and total debt of TRY3.0B, which brings its debt-to-equity ratio to 196.4%. Its total assets and total liabilities are TRY11.6B and TRY10.1B respectively. Arena Bilgisayar Sanayi ve Ticaret's EBIT is TRY1.1B making its interest coverage ratio 1.4. It has cash and short-term investments of TRY1.2B.
Key information
196.4%
Debt to equity ratio
₺2.96b
Debt
Interest coverage ratio | 1.4x |
Cash | ₺1.21b |
Equity | ₺1.51b |
Total liabilities | ₺10.06b |
Total assets | ₺11.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ARENA's short term assets (TRY10.9B) exceed its short term liabilities (TRY9.9B).
Long Term Liabilities: ARENA's short term assets (TRY10.9B) exceed its long term liabilities (TRY168.6M).
Debt to Equity History and Analysis
Debt Level: ARENA's net debt to equity ratio (116.3%) is considered high.
Reducing Debt: ARENA's debt to equity ratio has increased from 26.3% to 196.4% over the past 5 years.
Debt Coverage: ARENA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ARENA's interest payments on its debt are not well covered by EBIT (1.4x coverage).