Netas Telekomünikasyon Balance Sheet Health
Financial Health criteria checks 2/6
Netas Telekomünikasyon has a total shareholder equity of TRY222.8M and total debt of TRY1.3B, which brings its debt-to-equity ratio to 582.6%. Its total assets and total liabilities are TRY5.7B and TRY5.5B respectively. Netas Telekomünikasyon's EBIT is TRY112.3M making its interest coverage ratio 0.4. It has cash and short-term investments of TRY90.1M.
Key information
582.6%
Debt to equity ratio
₺1.30b
Debt
Interest coverage ratio | 0.4x |
Cash | ₺90.11m |
Equity | ₺222.76m |
Total liabilities | ₺5.51b |
Total assets | ₺5.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NETAS's short term assets (TRY4.0B) do not cover its short term liabilities (TRY5.2B).
Long Term Liabilities: NETAS's short term assets (TRY4.0B) exceed its long term liabilities (TRY277.5M).
Debt to Equity History and Analysis
Debt Level: NETAS's net debt to equity ratio (542.2%) is considered high.
Reducing Debt: NETAS's debt to equity ratio has increased from 79% to 582.6% over the past 5 years.
Debt Coverage: NETAS's debt is well covered by operating cash flow (33.4%).
Interest Coverage: NETAS's interest payments on its debt are not well covered by EBIT (0.4x coverage).