Tureks Turizm Tasimacilik Anonim Sirketi Balance Sheet Health
Financial Health criteria checks 5/6
Tureks Turizm Tasimacilik Anonim Sirketi has a total shareholder equity of TRY792.3M and total debt of TRY131.0M, which brings its debt-to-equity ratio to 16.5%. Its total assets and total liabilities are TRY1.5B and TRY701.6M respectively. Tureks Turizm Tasimacilik Anonim Sirketi's EBIT is TRY447.5M making its interest coverage ratio 28.6. It has cash and short-term investments of TRY102.2M.
Key information
16.5%
Debt to equity ratio
₺130.96m
Debt
| Interest coverage ratio | 28.6x |
| Cash | ₺102.22m |
| Equity | ₺792.32m |
| Total liabilities | ₺701.57m |
| Total assets | ₺1.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TUREX's short term assets (TRY625.7M) exceed its short term liabilities (TRY516.4M).
Long Term Liabilities: TUREX's short term assets (TRY625.7M) exceed its long term liabilities (TRY185.1M).
Debt to Equity History and Analysis
Debt Level: TUREX's net debt to equity ratio (3.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if TUREX's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: TUREX's debt is well covered by operating cash flow (302%).
Interest Coverage: TUREX's interest payments on its debt are well covered by EBIT (28.6x coverage).