Dogu Aras Enerji Yatirimlari Balance Sheet Health
Financial Health criteria checks 4/6
Dogu Aras Enerji Yatirimlari has a total shareholder equity of TRY13.3B and total debt of TRY3.0B, which brings its debt-to-equity ratio to 22.7%. Its total assets and total liabilities are TRY22.5B and TRY9.2B respectively. Dogu Aras Enerji Yatirimlari's EBIT is TRY3.8B making its interest coverage ratio 3.2. It has cash and short-term investments of TRY978.6M.
Key information
22.7%
Debt to equity ratio
₺3.01b
Debt
| Interest coverage ratio | 3.2x |
| Cash | ₺978.56m |
| Equity | ₺13.25b |
| Total liabilities | ₺9.24b |
| Total assets | ₺22.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ARASE's short term assets (TRY7.4B) exceed its short term liabilities (TRY5.2B).
Long Term Liabilities: ARASE's short term assets (TRY7.4B) exceed its long term liabilities (TRY4.0B).
Debt to Equity History and Analysis
Debt Level: ARASE's net debt to equity ratio (15.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if ARASE's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ARASE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ARASE's interest payments on its debt are well covered by EBIT (3.2x coverage).