Akenerji Elektrik Üretim Balance Sheet Health
Financial Health criteria checks 1/6
Akenerji Elektrik Üretim has a total shareholder equity of TRY13.8B and total debt of TRY15.5B, which brings its debt-to-equity ratio to 112.4%. Its total assets and total liabilities are TRY31.9B and TRY18.2B respectively. Akenerji Elektrik Üretim's EBIT is TRY1.2B making its interest coverage ratio 0.8. It has cash and short-term investments of TRY1.3B.
Key information
112.4%
Debt to equity ratio
₺15.49b
Debt
Interest coverage ratio | 0.8x |
Cash | ₺1.30b |
Equity | ₺13.78b |
Total liabilities | ₺18.17b |
Total assets | ₺31.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AKENR's short term assets (TRY2.5B) do not cover its short term liabilities (TRY8.2B).
Long Term Liabilities: AKENR's short term assets (TRY2.5B) do not cover its long term liabilities (TRY9.9B).
Debt to Equity History and Analysis
Debt Level: AKENR's net debt to equity ratio (103%) is considered high.
Reducing Debt: AKENR's debt to equity ratio has reduced from 969.5% to 112.4% over the past 5 years.
Debt Coverage: AKENR's debt is not well covered by operating cash flow (17.7%).
Interest Coverage: AKENR's interest payments on its debt are not well covered by EBIT (0.8x coverage).