Aksa Enerji Üretim Balance Sheet Health
Financial Health criteria checks 4/6
Aksa Enerji Üretim has a total shareholder equity of TRY42.1B and total debt of TRY24.2B, which brings its debt-to-equity ratio to 57.5%. Its total assets and total liabilities are TRY76.1B and TRY34.1B respectively. Aksa Enerji Üretim's EBIT is TRY3.3B making its interest coverage ratio 3.6. It has cash and short-term investments of TRY796.6M.
Key information
57.5%
Debt to equity ratio
₺24.17b
Debt
| Interest coverage ratio | 3.6x |
| Cash | ₺796.57m |
| Equity | ₺42.07b |
| Total liabilities | ₺34.08b |
| Total assets | ₺76.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AKSEN's short term assets (TRY13.6B) do not cover its short term liabilities (TRY20.9B).
Long Term Liabilities: AKSEN's short term assets (TRY13.6B) exceed its long term liabilities (TRY13.2B).
Debt to Equity History and Analysis
Debt Level: AKSEN's net debt to equity ratio (55.6%) is considered high.
Reducing Debt: AKSEN's debt to equity ratio has reduced from 158.5% to 57.5% over the past 5 years.
Debt Coverage: AKSEN's debt is well covered by operating cash flow (50.2%).
Interest Coverage: AKSEN's interest payments on its debt are well covered by EBIT (3.6x coverage).