TAV Havalimanlari Holding Balance Sheet Health
Financial Health criteria checks 3/6
TAV Havalimanlari Holding has a total shareholder equity of TRY61.4B and total debt of TRY65.2B, which brings its debt-to-equity ratio to 106.2%. Its total assets and total liabilities are TRY191.1B and TRY129.7B respectively. TAV Havalimanlari Holding's EBIT is TRY11.5B making its interest coverage ratio 4.1. It has cash and short-term investments of TRY25.3B.
Key information
106.2%
Debt to equity ratio
₺65.16b
Debt
| Interest coverage ratio | 4.1x |
| Cash | ₺25.29b |
| Equity | ₺61.38b |
| Total liabilities | ₺129.69b |
| Total assets | ₺191.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TAVHL's short term assets (TRY43.5B) exceed its short term liabilities (TRY40.5B).
Long Term Liabilities: TAVHL's short term assets (TRY43.5B) do not cover its long term liabilities (TRY89.2B).
Debt to Equity History and Analysis
Debt Level: TAVHL's net debt to equity ratio (65%) is considered high.
Reducing Debt: TAVHL's debt to equity ratio has reduced from 137% to 106.2% over the past 5 years.
Debt Coverage: TAVHL's debt is not well covered by operating cash flow (18.2%).
Interest Coverage: TAVHL's interest payments on its debt are well covered by EBIT (4.1x coverage).