Aksu Enerji ve Ticaret Anonim Sirketi Balance Sheet Health
Financial Health criteria checks 2/6
Aksu Enerji ve Ticaret Anonim Sirketi has a total shareholder equity of TRY394.8M and total debt of TRY70.0M, which brings its debt-to-equity ratio to 17.7%. Its total assets and total liabilities are TRY571.2M and TRY176.4M respectively. Aksu Enerji ve Ticaret Anonim Sirketi's EBIT is TRY16.4M making its interest coverage ratio 0.7. It has cash and short-term investments of TRY1.0M.
Key information
17.7%
Debt to equity ratio
₺69.95m
Debt
Interest coverage ratio | 0.7x |
Cash | ₺1.01m |
Equity | ₺394.84m |
Total liabilities | ₺176.39m |
Total assets | ₺571.24m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AKSUE's short term assets (TRY9.2M) do not cover its short term liabilities (TRY38.9M).
Long Term Liabilities: AKSUE's short term assets (TRY9.2M) do not cover its long term liabilities (TRY137.5M).
Debt to Equity History and Analysis
Debt Level: AKSUE's net debt to equity ratio (17.5%) is considered satisfactory.
Reducing Debt: AKSUE's debt to equity ratio has increased from 12.9% to 17.7% over the past 5 years.
Debt Coverage: AKSUE's debt is well covered by operating cash flow (63%).
Interest Coverage: AKSUE's interest payments on its debt are not well covered by EBIT (0.7x coverage).