Akfen Yenilenebilir Enerji Balance Sheet Health
Financial Health criteria checks 3/6
Akfen Yenilenebilir Enerji has a total shareholder equity of TRY30.4B and total debt of TRY10.0B, which brings its debt-to-equity ratio to 32.9%. Its total assets and total liabilities are TRY47.3B and TRY16.8B respectively. Akfen Yenilenebilir Enerji's EBIT is TRY3.2B making its interest coverage ratio 2.1. It has cash and short-term investments of TRY2.7B.
Key information
32.9%
Debt to equity ratio
₺10.02b
Debt
| Interest coverage ratio | 2.1x |
| Cash | ₺2.71b |
| Equity | ₺30.42b |
| Total liabilities | ₺16.84b |
| Total assets | ₺47.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AKFYE's short term assets (TRY4.0B) exceed its short term liabilities (TRY3.4B).
Long Term Liabilities: AKFYE's short term assets (TRY4.0B) do not cover its long term liabilities (TRY13.4B).
Debt to Equity History and Analysis
Debt Level: AKFYE's net debt to equity ratio (24%) is considered satisfactory.
Reducing Debt: AKFYE's debt to equity ratio has reduced from 762.4% to 32.9% over the past 5 years.
Debt Coverage: AKFYE's debt is not well covered by operating cash flow (1.7%).
Interest Coverage: AKFYE's interest payments on its debt are not well covered by EBIT (2.1x coverage).