Aydem Yenilenebilir Enerji Balance Sheet Health
Financial Health criteria checks 3/6
Aydem Yenilenebilir Enerji has a total shareholder equity of TRY28.6B and total debt of TRY20.1B, which brings its debt-to-equity ratio to 70.2%. Its total assets and total liabilities are TRY55.6B and TRY27.0B respectively. Aydem Yenilenebilir Enerji's EBIT is TRY2.3B making its interest coverage ratio 1.8. It has cash and short-term investments of TRY1.4B.
Key information
70.2%
Debt to equity ratio
₺20.10b
Debt
Interest coverage ratio | 1.8x |
Cash | ₺1.39b |
Equity | ₺28.62b |
Total liabilities | ₺26.99b |
Total assets | ₺55.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AYDEM's short term assets (TRY4.7B) exceed its short term liabilities (TRY2.1B).
Long Term Liabilities: AYDEM's short term assets (TRY4.7B) do not cover its long term liabilities (TRY24.9B).
Debt to Equity History and Analysis
Debt Level: AYDEM's net debt to equity ratio (65.4%) is considered high.
Reducing Debt: Insufficient data to determine if AYDEM's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable AYDEM has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: AYDEM is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 31.4% per year.