Ayen Enerji Balance Sheet Health
Financial Health criteria checks 4/6
Ayen Enerji has a total shareholder equity of TRY13.5B and total debt of TRY5.0B, which brings its debt-to-equity ratio to 36.8%. Its total assets and total liabilities are TRY19.3B and TRY5.8B respectively. Ayen Enerji's EBIT is TRY596.0M making its interest coverage ratio -1.3. It has cash and short-term investments of TRY121.9M.
Key information
36.8%
Debt to equity ratio
₺4.95b
Debt
| Interest coverage ratio | -1.3x |
| Cash | ₺121.85m |
| Equity | ₺13.46b |
| Total liabilities | ₺5.83b |
| Total assets | ₺19.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AYEN's short term assets (TRY2.0B) exceed its short term liabilities (TRY1.6B).
Long Term Liabilities: AYEN's short term assets (TRY2.0B) do not cover its long term liabilities (TRY4.2B).
Debt to Equity History and Analysis
Debt Level: AYEN's net debt to equity ratio (35.9%) is considered satisfactory.
Reducing Debt: AYEN's debt to equity ratio has reduced from 336.7% to 36.8% over the past 5 years.
Debt Coverage: AYEN's debt is not well covered by operating cash flow (0.1%).
Interest Coverage: AYEN earns more interest than it pays, so coverage of interest payments is not a concern.