Aztek Teknoloji Urunleri Ticaret Anonim Sirketi Balance Sheet Health
Financial Health criteria checks 4/6
Aztek Teknoloji Urunleri Ticaret Anonim Sirketi has a total shareholder equity of TRY1.3B and total debt of TRY1.1B, which brings its debt-to-equity ratio to 83.5%. Its total assets and total liabilities are TRY3.0B and TRY1.7B respectively. Aztek Teknoloji Urunleri Ticaret Anonim Sirketi's EBIT is TRY905.3M making its interest coverage ratio 5.5. It has cash and short-term investments of TRY665.0M.
Key information
83.5%
Debt to equity ratio
₺1.10b
Debt
| Interest coverage ratio | 5.5x |
| Cash | ₺664.99m |
| Equity | ₺1.32b |
| Total liabilities | ₺1.71b |
| Total assets | ₺3.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AZTEK's short term assets (TRY2.8B) exceed its short term liabilities (TRY1.6B).
Long Term Liabilities: AZTEK's short term assets (TRY2.8B) exceed its long term liabilities (TRY64.8M).
Debt to Equity History and Analysis
Debt Level: AZTEK's net debt to equity ratio (33.2%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if AZTEK's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: AZTEK's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AZTEK's interest payments on its debt are well covered by EBIT (5.5x coverage).