Aygaz Balance Sheet Health
Financial Health criteria checks 6/6
Aygaz has a total shareholder equity of TRY36.5B and total debt of TRY2.0B, which brings its debt-to-equity ratio to 5.6%. Its total assets and total liabilities are TRY46.2B and TRY9.7B respectively. Aygaz's EBIT is TRY898.8M making its interest coverage ratio -4.9. It has cash and short-term investments of TRY3.5B.
Key information
5.6%
Debt to equity ratio
₺2.04b
Debt
Interest coverage ratio | -4.9x |
Cash | ₺3.52b |
Equity | ₺36.52b |
Total liabilities | ₺9.67b |
Total assets | ₺46.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AYGAZ's short term assets (TRY10.1B) exceed its short term liabilities (TRY9.0B).
Long Term Liabilities: AYGAZ's short term assets (TRY10.1B) exceed its long term liabilities (TRY629.8M).
Debt to Equity History and Analysis
Debt Level: AYGAZ has more cash than its total debt.
Reducing Debt: AYGAZ's debt to equity ratio has reduced from 56% to 5.6% over the past 5 years.
Debt Coverage: AYGAZ's debt is well covered by operating cash flow (233.3%).
Interest Coverage: AYGAZ earns more interest than it pays, so coverage of interest payments is not a concern.