Çelebi Hava Servisi Balance Sheet Health
Financial Health criteria checks 6/6
Çelebi Hava Servisi has a total shareholder equity of TRY5.2B and total debt of TRY3.2B, which brings its debt-to-equity ratio to 61.2%. Its total assets and total liabilities are TRY15.3B and TRY10.0B respectively. Çelebi Hava Servisi's EBIT is TRY2.5B making its interest coverage ratio 18. It has cash and short-term investments of TRY3.7B.
Key information
61.2%
Debt to equity ratio
₺3.19b
Debt
| Interest coverage ratio | 18x |
| Cash | ₺3.65b |
| Equity | ₺5.21b |
| Total liabilities | ₺10.04b |
| Total assets | ₺15.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CLEBI's short term assets (TRY6.1B) exceed its short term liabilities (TRY4.9B).
Long Term Liabilities: CLEBI's short term assets (TRY6.1B) exceed its long term liabilities (TRY5.2B).
Debt to Equity History and Analysis
Debt Level: CLEBI has more cash than its total debt.
Reducing Debt: CLEBI's debt to equity ratio has reduced from 201.5% to 61.2% over the past 5 years.
Debt Coverage: CLEBI's debt is well covered by operating cash flow (83.8%).
Interest Coverage: CLEBI's interest payments on its debt are well covered by EBIT (18x coverage).