Aksa Enerji Üretim Balance Sheet Health
Financial Health criteria checks 6/6
Aksa Enerji Üretim has a total shareholder equity of TRY26.0B and total debt of TRY10.4B, which brings its debt-to-equity ratio to 39.8%. Its total assets and total liabilities are TRY44.3B and TRY18.2B respectively. Aksa Enerji Üretim's EBIT is TRY4.9B making its interest coverage ratio 9.3. It has cash and short-term investments of TRY1.5B.
Key information
39.8%
Debt to equity ratio
₺10.36b
Debt
| Interest coverage ratio | 9.3x |
| Cash | ₺1.45b |
| Equity | ₺26.04b |
| Total liabilities | ₺18.22b |
| Total assets | ₺44.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AKSEN's short term assets (TRY15.0B) exceed its short term liabilities (TRY11.0B).
Long Term Liabilities: AKSEN's short term assets (TRY15.0B) exceed its long term liabilities (TRY7.2B).
Debt to Equity History and Analysis
Debt Level: AKSEN's net debt to equity ratio (34.2%) is considered satisfactory.
Reducing Debt: AKSEN's debt to equity ratio has reduced from 190.6% to 39.8% over the past 5 years.
Debt Coverage: AKSEN's debt is well covered by operating cash flow (40%).
Interest Coverage: AKSEN's interest payments on its debt are well covered by EBIT (9.3x coverage).