Indeks Bilgisayar Sistemleri Mühendislik Sanayi ve Ticaret Anonim Sirketi Balance Sheet Health
Financial Health criteria checks 6/6
Indeks Bilgisayar Sistemleri Mühendislik Sanayi ve Ticaret Anonim Sirketi has a total shareholder equity of TRY4.7B and total debt of TRY2.7B, which brings its debt-to-equity ratio to 58.3%. Its total assets and total liabilities are TRY20.8B and TRY16.1B respectively. Indeks Bilgisayar Sistemleri Mühendislik Sanayi ve Ticaret Anonim Sirketi's EBIT is TRY2.7B making its interest coverage ratio 5.6. It has cash and short-term investments of TRY3.0B.
Key information
58.3%
Debt to equity ratio
₺2.73b
Debt
| Interest coverage ratio | 5.6x |
| Cash | ₺3.05b |
| Equity | ₺4.68b |
| Total liabilities | ₺16.12b |
| Total assets | ₺20.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: INDES's short term assets (TRY18.0B) exceed its short term liabilities (TRY15.3B).
Long Term Liabilities: INDES's short term assets (TRY18.0B) exceed its long term liabilities (TRY819.6M).
Debt to Equity History and Analysis
Debt Level: INDES has more cash than its total debt.
Reducing Debt: INDES's debt to equity ratio has reduced from 83.1% to 58.3% over the past 5 years.
Debt Coverage: INDES's debt is well covered by operating cash flow (31%).
Interest Coverage: INDES's interest payments on its debt are well covered by EBIT (5.6x coverage).