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 TRY2.0B and total debt of TRY1.7B, which brings its debt-to-equity ratio to 84.6%. Its total assets and total liabilities are TRY13.7B and TRY11.8B respectively. Indeks Bilgisayar Sistemleri Mühendislik Sanayi ve Ticaret Anonim Sirketi's EBIT is TRY1.7B making its interest coverage ratio -8.6. It has cash and short-term investments of TRY2.7B.
Key information
84.6%
Debt to equity ratio
₺1.66b
Debt
Interest coverage ratio | -8.6x |
Cash | ₺2.65b |
Equity | ₺1.96b |
Total liabilities | ₺11.78b |
Total assets | ₺13.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: INDES's short term assets (TRY13.5B) exceed its short term liabilities (TRY11.7B).
Long Term Liabilities: INDES's short term assets (TRY13.5B) exceed its long term liabilities (TRY35.4M).
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 86.6% to 84.6% over the past 5 years.
Debt Coverage: INDES's debt is well covered by operating cash flow (57.6%).
Interest Coverage: INDES earns more interest than it pays, so coverage of interest payments is not a concern.