Akfen Yenilenebilir Enerji Balance Sheet Health
Financial Health criteria checks 2/6
Akfen Yenilenebilir Enerji has a total shareholder equity of TRY20.4B and total debt of TRY9.6B, which brings its debt-to-equity ratio to 46.8%. Its total assets and total liabilities are TRY34.6B and TRY14.1B respectively. Akfen Yenilenebilir Enerji's EBIT is TRY4.0B making its interest coverage ratio 4.1. It has cash and short-term investments of TRY1.1B.
Key information
46.8%
Debt to equity ratio
₺9.57b
Debt
Interest coverage ratio | 4.1x |
Cash | ₺1.14b |
Equity | ₺20.43b |
Total liabilities | ₺14.15b |
Total assets | ₺34.58b |
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 (TRY3.1B).
Long Term Liabilities: AKFYE's short term assets (TRY1.7B) do not cover its long term liabilities (TRY11.0B).
Debt to Equity History and Analysis
Debt Level: AKFYE's net debt to equity ratio (41.3%) is considered high.
Reducing Debt: AKFYE's debt to equity ratio has reduced from 408% to 46.8% over the past 5 years.
Debt Coverage: AKFYE's debt is not well covered by operating cash flow (18.9%).
Interest Coverage: AKFYE's interest payments on its debt are well covered by EBIT (4.1x coverage).