Akfen Yenilenebilir Enerji Balance Sheet Health
Financial Health criteria checks 3/6
Akfen Yenilenebilir Enerji has a total shareholder equity of TRY27.8B and total debt of TRY9.6B, which brings its debt-to-equity ratio to 34.3%. Its total assets and total liabilities are TRY41.7B and TRY13.9B respectively. Akfen Yenilenebilir Enerji's EBIT is TRY3.6B making its interest coverage ratio 7.3. It has cash and short-term investments of TRY742.6M.
Key information
34.3%
Debt to equity ratio
₺9.56b
Debt
| Interest coverage ratio | 7.3x |
| Cash | ₺742.59m |
| Equity | ₺27.85b |
| Total liabilities | ₺13.88b |
| Total assets | ₺41.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AKFYE's short term assets (TRY1.7B) do not cover its short term liabilities (TRY3.0B).
Long Term Liabilities: AKFYE's short term assets (TRY1.7B) do not cover its long term liabilities (TRY10.9B).
Debt to Equity History and Analysis
Debt Level: AKFYE's net debt to equity ratio (31.7%) is considered satisfactory.
Reducing Debt: AKFYE's debt to equity ratio has reduced from 619% to 34.3% over the past 5 years.
Debt Coverage: AKFYE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AKFYE's interest payments on its debt are well covered by EBIT (7.3x coverage).