Dogu Aras Enerji Yatirimlari Balance Sheet Health
Financial Health criteria checks 4/6
Dogu Aras Enerji Yatirimlari has a total shareholder equity of TRY9.7B and total debt of TRY3.2B, which brings its debt-to-equity ratio to 32.5%. Its total assets and total liabilities are TRY16.5B and TRY6.7B respectively. Dogu Aras Enerji Yatirimlari's EBIT is TRY4.3B making its interest coverage ratio 6.4. It has cash and short-term investments of TRY789.9M.
Key information
32.5%
Debt to equity ratio
₺3.17b
Debt
Interest coverage ratio | 6.4x |
Cash | ₺789.88m |
Equity | ₺9.75b |
Total liabilities | ₺6.74b |
Total assets | ₺16.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ARASE's short term assets (TRY5.9B) exceed its short term liabilities (TRY3.1B).
Long Term Liabilities: ARASE's short term assets (TRY5.9B) exceed its long term liabilities (TRY3.7B).
Debt to Equity History and Analysis
Debt Level: ARASE's net debt to equity ratio (24.4%) 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 (6.4x coverage).