Platform Turizm Tasimacilik Gida Insaat Temizlik Hizmetleri Sanayi ve Ticaret Anonim Sirketi Balance Sheet Health
Financial Health criteria checks 5/6
Platform Turizm Tasimacilik Gida Insaat Temizlik Hizmetleri Sanayi ve Ticaret Anonim Sirketi has a total shareholder equity of TRY5.6B and total debt of TRY549.4M, which brings its debt-to-equity ratio to 9.7%. Its total assets and total liabilities are TRY8.2B and TRY2.6B respectively. Platform Turizm Tasimacilik Gida Insaat Temizlik Hizmetleri Sanayi ve Ticaret Anonim Sirketi's EBIT is TRY451.7M making its interest coverage ratio -3.2. It has cash and short-term investments of TRY534.1M.
Key information
9.7%
Debt to equity ratio
₺549.37m
Debt
| Interest coverage ratio | -3.2x |
| Cash | ₺534.06m |
| Equity | ₺5.64b |
| Total liabilities | ₺2.60b |
| Total assets | ₺8.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PLTUR's short term assets (TRY2.6B) exceed its short term liabilities (TRY1.2B).
Long Term Liabilities: PLTUR's short term assets (TRY2.6B) exceed its long term liabilities (TRY1.4B).
Debt to Equity History and Analysis
Debt Level: PLTUR's net debt to equity ratio (0.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if PLTUR's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: PLTUR's debt is well covered by operating cash flow (101.4%).
Interest Coverage: PLTUR earns more interest than it pays, so coverage of interest payments is not a concern.